Bridging the Gaps in GAAP
Here are eight critical considerations for combating the creativity crisis in accounting.
Companies Urged to Stay Abreast of Accounting Proposals
Not paying close attention to proposed accounting standards and not commenting when there are concerns can have important consequences, experts say.
ADT Fined Over Reporting Failures
Security company ADT was hit with a $100,000 fine from the SEC over failure to report under GAAP when presenting its financial numbers.
Internal Controls Violations in Cyber-Fraud Cases?
The SEC takes the position that public companies must assess and calibrate internal accounting controls for the risk of cyber frauds.
Study Finds Disturbing Evidence of Earnings Management
Not only companies but also stock analysts and earnings-data clearinghouses are linked to the deception.
Controller Charged in Revenue Recognition Scheme
The SEC says a sales scheme that inflated financial results at Maxwell Technologies should have been detected by the former CEO and former controller.
Investors Speak: Down With GAAP!
Non-GAAP metrics command far more attention from investors than do the official numbers, new research shows.
Revenue Recognition: Here at Last
How much do you know about FASB's new rules on revenue recognition? Take our quiz to find out.
Companies Get Help with Materiality Definition
The International Accounting Standards Board responds to companies’ call for help with materiality in financial statements.
New Hedging Rules Will Cut Reporting Costs: FASB
The new accounting standards update drops a requirement that companies must measure and report “hedge ineffectiveness.”
SEC’s Non-GAAP Guidance Should Be Withdrawn
Sometimes, the commission’s metrics guidance works against the interests of financial-statement users, a capital markets expert says.