Trends and changes you need to be aware of in the SOX 404 landscape. Get ahead of the shifting expectations for 2020.
Trends and changes you need to be aware of in the SOX 404 landscape. Get ahead of the shifting expectations for 2020.
For audit committees, when considering blockchain technology, it's important to develop a strategy with executive leadership.
Recently RSM and NACD held a board round table with Chief Economist Joe Brusuelas to discuss the effects of tax and trade policies.
The SEC recently proposed amendments to update certain aspects of its auditor independence framework in Rule 2-01.
Certain financial reporting issues were discussed during a recent SEC Regulations Committee meeting with SEC staff members.
The ASB recently issued Statement on Standards for Attestation Engagements 19, Agreed-Upon Procedures Engagements.
The SEC has proposed amendments to the definitions of “accredited investor” and “qualified institutional buyer.”
Learn how boards can best understand blockchain, how to utilize in their organizations, and what types of efficiencies it can provide.
Blockchain is changing the rules of the game. Companies and their boards need to learn those rules and make them work to their advantage.
SAB No. 119 includes SEC staff interpretations regarding policies and procedures for developing CECL models and related matters.
Should board members speak directly to investors on behalf of the company, at investor meetings, or not at all?
A recent publication by the CAQ and Audit Analytics gauges how audit committees approach communication of oversight activities.
Blockchain technology is still in its nascent stages but it holds tremendous opportunities, particularly for the way companies are audited.
With cybersecurity posing threats to businesses, boards must work with management to gain insight into risks and appropriate protections.
Our Effective Date Reminder lists pronouncements issued as of Nov. 1, 2019, which became effective on or after Jan. 1, 2019.
A recent SEC Final Rule enables all issuers to engage in “test-the-waters” communications with certain institutional investors.
The SEC recently issued a proposed rule to update required statistical disclosures for bank and savings and loans registrants.
The key to creating a diverse board is to think broadly. Consider strengths, competencies, industry experiences, and risk appetite as well.
The SEC recently issued a proposed rule, which, if finalized, would revise Regulation S-K Items 101, 103 and 105.
The FASB recently issued an Accounting Standards Update that amends various Accounting Standards Codification SEC paragraphs.
When it comes to managing the risk of new technologies and cybersecurity, boards have a number of new issues to consider.
What have leaders of public companies learned during their implementation process; how can these lessons help other entities?
The PCAOB recently released insights for audit committees regarding the auditor’s communication of critical audit matters.
Our article discusses the FASB’s proposed deferred CECL effective date and the SEC’s definition of a smaller reporting company.
The FASB has added a project to its agenda to address accounting changes necessitated by reference rate reform.
The SEC clarified guidance regarding waiver requests for financial statements of entities other than the registrant in a filing.
The SEC recently issued a clarification to the single issuer exemption for broker-dealers, which is effective August 13, 2019.
The SEC amended its independence rules regarding when the auditor has a lending relationship with certain client shareholders.
Join the NACD and RSM to understand how your board and organization can benefit from changing technology like the power of cloud computing.
Recent PCAOB guidance focuses on questions that may arise when the auditor is communicating critical audit matters under AS 3101.
The Center for Audit Quality has released an updated tool to assist audit committees in the assessment of the external auditor.
The PCAOB staff recently provided guidance regarding how auditors are to comply with certain provisions of Rule 3526.
The CAQ has updated its guide that provides a high-level overview of internal control over financial reporting.
A recent CAQ publication provides an understanding of emerging technologies and the risks they present to financial reporting.
The CAQ recently published an audit committee tool that provides an overview of the new credit losses standard.
The SEC recently issued a proposed rule, which would amend the definitions of accelerated filer and large accelerated filer.
The FASB has proposed Codification amendments in response to the SEC’s Disclosure Update and Simplification Initiative.
The board can foster a leadership team that is ready for strategic shifts that drive stakeholder value and may be fundamental to survival.
The SEC has proposed amendments to the financial disclosure requirements for businesses acquired and for business dispositions.
Board members are crucial in evaluating business objectives and executive suite initiatives. Is your board equipped for change management?
The SEC recently issued amendments to modernize and simplify some of the disclosure requirements in Regulation S-K.
After new SEC guidance, companies should evaluate cybersecurity risk and prevention processes to avoid potential enforcement actions.
Employing the proper internal controls can limit the financial and reputational damage that a company exposed to a cyberattack may face.
We believe auditors will engage with management and the audit committee throughout the process of determining and communicating CAMs.
The SEC recently modified the deadlines for registered investment companies filing non-public monthly reports on Form N-PORT.
A recent SEC proposal would enable issuers to engage in “test-the-waters” communications with certain institutional investors.
In a recent CAQ video, audit committee chairs share their views on the significance of critical audit matters.
The SEC has settled charges against four companies for failing to maintain ICFR for seven to ten consecutive annual periods.
Identifying characteristics of an effective board of directors helps highlight what would be missing upon the resignation of a director.
Workforce dynamics and recruitment strategies are changing. What role can the board play in talent retention best practices?
The PCAOB recently issued amendments related to its requirements for the auditor’s use of the work of specialists.
The SEC is seeking public input regarding its requirements for earnings releases and quarterly reports by reporting companies.
The SEC recently made the Regulation A exemption from registration available to Exchange Act reporting companies.
Our recap highlights some of the significant issues discussed at the 2018 AICPA Conference on Current SEC and PCAOB Developments.
A tight labor market is creating unique workforce issues for U.S. businesses. Boards can play a role in meeting these challenges.
A recent CAQ publication shares observations from dry runs performed with respect to the communication of critical audit matters.
The SEC recently updated its frequently asked questions concerning the broker-dealer financial reporting rule.
Our white paper answers questions about the process for determining and disclosing critical audit matters in the auditor's report.
Board oversight must expand beyond company boundaries to consider procedures the of professional service firms with access to data.
The SEC cautions that public companies should consider cyber threats when devising and maintaining internal accounting controls.
The Division of Corporation Finance Financial Reporting Manual now is available in both web-based and PDF formats.
Our article discusses the effective date of a new interim reporting requirement for changes in stockholders’ equity.
While the middle-market has seen skyrocketing data breach rates, it’s important for companies to insist on strict security measures.
The SEC has amended the interim financial statement requirements to require a reconciliation of changes in stockholders’ equity.
A recent SEC compliance guide addresses matters related to a final SEC rule that amended the smaller reporting company definition.
The SEC recently amended certain disclosure requirements that have become redundant, outdated, overlapping or superseded.
If finalized, a recent SEC proposal would simplify certain financial disclosure requirements applicable to registered debt offerings.
The Securities and Exchange Commission recently amended Rule 701, and seeks comment on ways to modernize it and Form S-8.
The SEC Division of Corporation Finance intends to make serious deficiencies letters publicly available through EDGAR.
On June 28, the Securities and Exchange Commission voted to raise the thresholds in the definition of “smaller reporting company.”
While talent management is multi-faceted, there's often significant factors affecting employee loyalty that may have strategic implications.
SEC Deputy Chief Accountant Sagar Teotia recently discussed tax reform, revenue recognition, leases and credit losses.
Boards should not only focus on complying with regulations, but also consider the perceptions of the investment community.
Investors and directors can sometimes separated, but a bridge can always be built through thoughtful and deliberate communication.
The SEC is requesting comment on certain proposed changes to its 'Loan Provision' and other auditor independence rules.
Our article addresses private company compliance with required financial reporting under Rule 701 when issuing share-based awards.
A recent CAQ tool provides questions board members can consider as they address cybersecurity risks and disclosures.
The CAQ recently issued a tool to help audit committees in their oversight responsibilities related to the new leases standard.
The FASB removed from its Codification SAB Topic 5.M and certain guidance for public utility holding companies.
The Center for Audit Quality recently provided leading practices for audit committee oversight of non-GAAP measures.
Through strong governance, boards can help companies create lasting and successful workplace diversity strategies.
Boards should prepare for a range of options as it relates to tax reform to be prepared to take action, regardless of what changes come.
While a labor shortage presents challenges for companies it can also test the resilience of management and governance leaders.
SEC auditor independence considerations for private equity funds with a registered investment adviser or an initial public offering.
Our views on the implications of a Trump presidency for economic growth, taxes and infrastructure, interest rates and trade.
The SEC is turning its attention to the real estate sector, looking at the reporting of investment-level and fund-level fees and expenses.
International investing is both an art and a science. Tailor your strategy to fit the region and the unique needs of your company.
Engage shareholders on a regular basis to gain perspective and input that may be valuable to your organization.
View recording of Feb.2016 webcast. Takes a look at the changing dynamic between the audit committee and their governance responsibilities
Stay current on the latest IFRS news and resources
This guide will help your stakeholders determine if an IPO is the right path for your company by addressing some basic questions.
This financial reporting resource center contains articles and related insights on other SEC regulatory matters.
The financial reporting resource center - SEC financial reporting, provides insightful knowledge on SEC financial reporting matters.
Resources for public companies on the SEC’s conflict minerals rule.
These resources provide insightful knowledge related to matters affecting public companies and companies planning to go public.
In our summary, we highlight a few 2017 accounting and financial reporting developments affecting audit committees.
Overview of the SEC’s conflict minerals rule, with a summary of the rule’s reporting and audit requirements.
Responses to questions on the SEC’s conflict minerals rule.