Let’s see what’s in the news today.
Weatherhead’s John Keyser examines recent paper highlighting criticism of the Public Company Accounting Oversight Board
SEC accused of ‘censorship’ over politically sensitive audit paper Financial Times: John Keyser, assistant professor at Weatherhead School of Management, discussed a recent paper highlighting criticism of the Public Company Accounting Oversight Board, the federal audit regulator overseen by the Securities and Exchange Commission (SEC). The criticism stems from a tougher stance under the Biden administration that may push smaller firms out of the market, raising concerns about regulatory fairness. “There are differences between how big firms and small firms experience the remediation process,” Keyser said.
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SMCI stock ‘in penalty box’ after 10-K delay: Barclays By Investing.com
SMCI stock ‘in penalty box’ after 10-K delay: Barclays
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Trump case sparks request for FASB accounting rule revamp
Daniel Tinkelman, a professor of accounting at Brooklyn College of the City University of New York, is asking the FASB to revise and clarify the GAAP rules.
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New Accounting Plan Targets Coordination of Digital Global Rules
The global accounting standard setter proposed an update to the rules dictating how companies report on financial instruments and other key information digitally. Digital reporting is increasingly important as the International Accounting Standards Board’s sister body looks for ways to make sustainability reporting work with separate national or regional requirements.
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Novatti Reports Accounting Adjustments, Targets Positive Cash Flow
Novatti Group Ltd. (AU:NOV) has released an update. Novatti Group Ltd., an innovative fintech company, recently updated its June Quarter FY24 financial report, refl…
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