The Financial Accounting Foundation issued a warning Tuesday, saying that some of its constituents have been contacted by parties falsely claiming to be members of the Financial Accounting Standards Board staff and promoting the sale of Sarbanes-Oxley compliance materials.The foundation did not offer any further information, but did say that it had brought the matter to the attention of the Securities Exchange Commission, as well as law enforcement officials. The foundation also asked any constituents who believe they have been exposed to the scheme to contact their local authorities.
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The shift will happen gradually starting this summer until December, when QBOA will be discontinued.
February 6 -
The new Pilot AI Accountant claims to run the entire bookkeeping and financial reporting process with zero need for human intervention.
February 6 -
The tax-filing season for individuals just opened recently, but businesses already got a head start on various tax incentives in the One Big Beautiful Bill Act.
February 6 -
PCAOB adds to advisory groups; Schneider Downs transitions to single CEO structure; and more news from across the profession.
February 6 -
The Top 75 Firm acquired D & Co., expanding its presence in Texas and strengthening its healthcare specialty.
February 6 -
Plus, Sage rolls out AI enhancements for reporting, AP, sales; Datarails launches Spend Control solution for contract visibility.
February 6





