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Cadwalader, Wickersham & Taft LLP
FINRA notified members that it will assess and collect an accounting support fee of $10,022,000 to fund the current annual budget of the Governmental Accounting Standards Board.
Cadwalader, Wickersham & Taft LLP
The Government Accountability Office offered criticisms and recommendations on the Office of Management and Budget ("OMB") Data Center Optimization Initiative ("DCOI").
Mayer Brown
Last week, in a joint statement, Securities and Exchange Commission Chair Jay Clayton, the Director of the Division of Corporation Finance, Bill Hinman, the SEC's Chief...
Cadwalader, Wickersham & Taft LLP
SEC and Public Company Accounting Oversight Board ("PCAOB") leaders alerted market participants to potential impacts from the coronavirus on financial disclosure and reporting.
Cooley LLP
This new statement is focused primarily on financial disclosures and audit quality.
Arnold & Porter
In February 2020, the Government Accountability Office (GAO) released a report on the Cost Accounting Standards (CAS) Board's progress on modernizing the CAS...
Reinhart Boerner Van Deuren s.c.
January and February are months for action. We are all (at least for a little while) eating healthier and going to the gym.
Jones Day
The chairmanship of Jay Clayton continues to focus the SEC's enforcement program on main street investors and misconduct by individuals. And with the hiring freeze...
Mayer Brown
In December 2019, the American Institute of Certified Public Accountants (AICPA) revised its attestation standards to eliminate certain requirements...
Cooley LLP
In December, the PCAOB posted a report on the results of its 2019 conversations with almost 400 audit committee chairs, focused on audit committee perspectives on audit quality assessment...
Cleary Gottlieb Steen & Hamilton LLP
Last year at this time, companies and boards were wrestling with the impact of the new revenue recognition standard and the new lease accounting standard.
Gibson, Dunn & Crutcher
Below are the observations and reminders highlighted in the Statement.
Mayer Brown
The American Institute of Certified Public Accountants ("AICPA") Auditing Standards Board issued Statement on Auditing Standards No. 138 and Statement on Standards for Attestation...
WilmerHale
In 2020, the PCAOB will share additional details regarding planned changes to its inspection reports.
Cadwalader, Wickersham & Taft LLP
The SEC named Richard Jones as the next Chair of the Financial Accounting Standards Board ("FASB"). He will succeed Russ Golden, beginning his term July ...
Mayer Brown
We previously blogged about the recent AICPA conference. At the conference, representatives from the Office of Chief Accountant also shared some views regarding the discontinuation of LIBOR.
Cadwalader, Wickersham & Taft LLP
An American Institute of Certified Public Accountants' Working Group (the "Working Group") published a practice aid on how to account for and audit digital assets under U.S.
WilmerHale
Among the insights shared at last week's 2019 AICPA Conference on SEC and PCAOB Developments, held December 9–11, Sagar Teotia, recently appointed Chief Accountant of the...
Mayer Brown
In a recent publication, the Public Company Accounting Oversight Board ("PCAOB") Staff shares some initial observations regarding Critical Audit Matters ("CAMs") implementation.
Hogan Lovells
Hogan Lovells' global team of securities and professional liability lawyers is uniquely positioned to monitor legal developments across the globe that impact accountants' liability risk.
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