16 Years Later, SOX Compliance Continues to Evolve
Sarbanes-Oxley compliance costs shot up this year, underscoring the need for companies to automate more of their compliance activities.
Want to Be a Nonprofit CFO? Much Will Be Familiar
Even in the nonprofit world, finance chiefs often view things differently than their C-suite colleagues do.
New Accounting Rules Test Companies’ Mettle
Forty-two percent of public companies are either still assessing the impact of the new lease accounting rules or have not even gotten that far, finds PwC.
MiMedx Announces Restatement, Replaces CFO
The biotech firm's stock falls 23% but its CEO says, "It is important that investors understand that our business performance remains strong."
Deloitte & Touche Fined Over Auditing Lapse
The auditor missed errors in how Jack Henry & Associates accounted for license revenue, charges the PCAOB.
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.
Ready or Not, Here It (Rev Rec Standard) Comes
Many companies are underestimating the need to establish a stable, sustainable revenue recognition process under the new standard, says SAP's CAO.
Justifying Judgment When Recognizing Revenue
How to address challenges when applying the FASB's new principles-based model for revenue recognition.
ASC 606: What’s the Impact So Far?
From an investor perspective, it's difficult to tell how much of any change in revenue or earnings is due to the new revenue recognition rule.
Investors on Rev Rec Changes: Who Cares?
The changes to GAAP accounting for revenue recognition won't have a material effect on companies' finances, investors say.