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  • Protecting elderly from investor exploitation November 12, 2019 In October, the SEC held a roundtable to help raise awareness about exploitation against a particularly vulnerable group of investors — the elderly. Older investors tend to lose more money ...
  • How to measure the fair value of equity-based awards November 12, 2019 Cash-strapped start-ups and high growth firms often award stock options and other forms of equity-based compensation to attract and retain skilled employees. These awards can also provide incentives for employees ...
  • SEC finalizes “test-the-waters” option to all companies November 12, 2019 Has your company ever considered issuing public stock? To help encourage more companies to consider public offerings, the Securities and Exchange Commission (SEC) recently adopted a rule that would extend ...
  • Simplifying the Rules for Reporting Income Taxes October 15, 2019 For years, businesses have complained that the guidance under Accounting Standards Codification Topic 740, Income Taxes, includes many mechanical rules and exceptions, making it challenging for investors to understand its ...
  • FASB Proposes Changes to Standard-Setting Approach October 15, 2019 The Financial Accounting Standards Board (FASB) has proposed a historic change to its philosophy for establishing effective dates for major new accounting standards. Outcry from constituents indicates that small public ...
  • Coming soon: Proposal to improve audit procedures for accounting estimates September 20, 2019 In July, the AICPA’s Auditing Standards Board (ASB) unanimously voted to propose revisions to the audit standards on the use of accounting estimates. The ASB wants to improve the standards ...
  • How strong are your company’s internal controls? September 20, 2019 A solid system of internal controls translates into more reliable financial reporting and can help companies prevent, detect and correct financial misstatements. In contrast, weak controls can result in costly ...
  • Accounting for Acquired Goodwill September 20, 2019 Goodwill is an acquired intangible asset that can affect earnings if it declines in value. The Financial Accounting Standards Board (FASB) is soliciting feedback on this topic as it considers ...
  • Stock repurchases and the associated risks July 1, 2019 Stock repurchases have skyrocketed in recent years, fueled, in part, by cash flow generated by the Tax Cuts and Jobs Act (TCJA) and the availability of inexpensive debt capital. So-called ...
  • Public companies: Is it time to update the MD&A requirements? July 1, 2019 The U.S. Securities and Exchange Commission (SEC) is planning to issue a proposal by April 2020 that would “modernize and simplify disclosure rules” regarding management’s discussion and analysis (MD&A) of ...
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