Compliance: Page 2

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    FASB fair-value play poised to clear crypto barrier

    If adopted, the standard would eliminate a deterrent that keeps some companies from getting involved with crypto, according to a Crowe LLP partner.

    By Oct. 17, 2022
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    Upskilling helps CFOs battle cyber, workforce retention challenges

    Investing to upskill existing employees while also hiring skilled talent where needed could help CFOs address cybersecurity and talent retention issues.

    By Oct. 17, 2022
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    ESG transforming CFO role

    Companies are turning to their CFO to identify ways to measure and report on their organization's environmental, social and governance (ESG) performance.    

    By CFO Dive staff
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    Feds step up focus on companies’ use of dark patterns

    The Federal Trade Commission is signaling that it intends to go after the use of online manipulation tactics to separate consumers from their money. 

    By Robert Freedman • Oct. 14, 2022
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    Superfund taxes stress chemical importers, suppliers

    Many companies are still struggling to understand whether the reinstated Superfund excise taxes apply to their operations and what it all means for tax bills. 

    By Dawn Wotapka • Oct. 14, 2022
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    SPAC backing Trump media delays merger vote

    Digital World seeks time to gain formal SEC approval for its tie-up with Trump’s media company as the agency investigates potential illegal behavior in their merger negotiations.

    By Oct. 11, 2022
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    EY in ‘dialogue’ with IRS on split-off divestitures

    As financial report preparers are beginning to grapple with the ramifications of the new 15% corporate minimum tax, the split-off issue is emerging as a flashpoint.

    By Oct. 7, 2022
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    California pay transparency law signals new norm

    California joins both Colorado and New York City among states enforcing companies to disclose information about pay ranges and salaries to potential employees.

    By Oct. 7, 2022
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    FASB preps biggest ‘segment’ accounting change in 25 years

    Under the proposal, publicly-traded companies would have to disclose more frequent and comprehensive data on their business units.

    By Oct. 6, 2022
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    FASB extends LIBOR relief two years

    The decision has been months in the making and comes as FASB’s rule-making process has come under fire from a Securities and Exchange Commission committee.

    By Oct. 5, 2022
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    PCAOB sanctions four audit firms in enforcement ‘sweep’

    The watchdog for the firms that audit publicly-traded companies has intensified supervision in 2022, with plans to sharpen penalties against rule-breakers.

    By Oct. 5, 2022
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    Social responsibility, inflation top worry list for risk managers

    Economic worries, social responsibility concerns and cybersecurity weaknesses topped the list of concerns for risk and compliance leaders facing an increasingly complex regulatory environment.

    By Sept. 29, 2022
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    NJ Devils, Philly 76ers veteran named Schellman CFO

    Andy Goldstein, who has held the top financial seat for big-name brands such as the New Jersey Devils, will tap his 22 years of industry experience as CFO for the accounting firm.

    By Sept. 29, 2022
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    SEC says Oracle bribed officials, imposes $23M penalty

    Since the violations came to light, Oracle has taken several remedial steps, including strengthening its global compliance, risk and control functions, the SEC said.

    By Sept. 27, 2022
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    SEC committee calls for FASB reform

    FASB’s slow rule-making process can have negative consequences for investors and financial executives, the SEC’s report asserts.

    By Sept. 26, 2022
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    Sponsored by CICPAC

    Mobile workforce guidelines for contractors

    What are the best methods for compliance and cost reduction of a mobile workforce?

    Sept. 26, 2022
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    Dentsply taps new CFO after shaking up Moderna

    Dentsply’s disclosure in May of an internal probe into its use of incentives led to the swift departure of its former CFO Jorge Gomez from Moderna after only one day on the job.

    By Sept. 23, 2022
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    FASB LIBOR relief draws support, deadline nears

    The proposal would extend accounting relief for another two years to borrowers switching LIBOR-linked loans to new benchmarks.

    By Sept. 21, 2022
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    SEC presses for economic risk disclosures

    The SEC’s focus on disclosures related to turbulence in the economy comes as the agency pushes companies to disclose more about executive pay. 

    By Sept. 20, 2022
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    Nearly one third of employers balk at pay transparency: study

    With more states requiring pay disclosures, companies and their financial executives need to develop a consistent national strategy, said Mariann Madden of WTW. 

    By Sept. 16, 2022
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    CFOs need to ‘get smart’ about ESG reporting

    “ESG requirements are changing the landscape of corporate America,” said Lisa Edwards, president and chief operating officer of SaaS firm Diligent.  

    By Sept. 15, 2022
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    Private companies grapple with FASB lease accounting rules

    Private companies have voiced concerns about the complexity of updated lease accounting rules, a FASB staff member reported Wednesday. 

    By Sept. 14, 2022
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    Intercompany ops: more than zero-sum game

    For CFOs of growing companies, intercompany operations have increasing implications that extend across accounting, finance, tax, and treasury departments.

    By David Brightman • Sept. 13, 2022
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    FASB to consider tweaking lease accounting guidance

    Lease accounting is one of three major standards currently undergoing post-implementation reviews, according to FASB spokesperson Christine Klimek.

    By Sept. 9, 2022
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    ESG ratings firms show ‘significant shortcomings’: study

    ESG ratings providers, while gaining from rising demand for their assessments, are unreliable in gauging risk and return, Stanford University researchers said.

    By Sept. 9, 2022
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    Gensler: securities laws cover ‘vast majority’ of crypto tokens

    The SEC’s Gary Gensler signaled he would cooperate with the Commodity Futures Trading Commission to the extent that “it needs greater authorities with which to oversee and regulate crypto non-security tokens.”

    By Sept. 8, 2022