Worldwide: Accounting and Audit

In July 2025, the California Privacy Protection Agency (CPPA) Board unanimously approved new regulations pursuant to the California Consumer Privacy Act (CCPA) that specifically address the use...

On July 23, 2025, the Internal Revenue Service ("IRS") issued interim guidance for Large Business & International Division ("LB&I") audit procedure. The IRS announced three major changes: (1) the Acknowledgement...

On July 24, 2025, the California Privacy Protection Agency (CPPA) approved new regulations requiring some companies to conduct audits of their cybersecurity programs...

In recent years, the accounting profession has been grappling with a concerning trend: a shortage of skilled workers. According to the American Institute of CPAs (AICPA)...

Cybersecurity breaches concerning workers' personal information and retirement savings have increased liability risks for benefit plans and third-party administrators under federal benefits laws.

FINRA proposed a rule amendment to restrict access to representative- and principal-level qualification scores.

Many diverse industries are populated by businesses that operate “two-sided platforms.” These businesses serve distinct groups of customers who need each other in some way, and the core business of the two-sided platform is to provide a common (real or virtual) meeting place and to facilitate interactions between members of the two distinct customer groups.

Online advertising has grown rapidly in the last decade. It now accounts for almost a seventh of all advertising spending and contributes to the preponderance of revenues for most websites. It is projected to increase sharply as more consumers spend time online on their personal computers and as additional devices such as mobile phones and televisions are connected to the web.

Few states have deregulated basic telephone service. The underlying rationale seems to be the concern that subsets of the population—e.g., people subscribing only to plain old telephone service (POTS), or those in more rural areas—have no real competitive options and thus would face significantly higher rates.

Multiple channel strategies are a way of life for manufacturers today.

In the first article in this series, NERA Economic Consulting provided a primer on "The Subprime Meltdown." That article described the players and their roles in the subprime securitization process. This article focuses on mortgage originators and the accounting-related allegations made against them in recent subprime lawsuits.

This article first appeared in the newly released book from NERA Economic Consulting,' The Line in the Sand: The Shifting Boundary Between Markets and Regulation in Network Industries.' With a foreword by Alfred E Kahn.