SEC

Megan Zietsman will assume her role with the Public Company Accounting Oversight Board in early 2019.

OCA chief counsel retiring after more than 20 years with the SEC; Crowe adds 24 new partners and principals; and more personnel news.

Outgoing CAQ chief Cindy Fornelli also shared her plans for retirement.

The Securities and Exchange Commission has been taking a close look at how Amazon.com has been adhering to the new revenue recognition standard, particularly with regard to its Amazon Prime revenue, and Amazon has been pushing back in response to the SEC’s comment letters.

The SEC is also working to help companies with a crowded implementation schedule.

Securities and Exchange Commission Chairman Jay Clayton and chief accountant Wesley Bricker weighed in on a proposed change in the reporting cycle for public companies.

The Top 100 Firm’s July combination with Texas’ GBH CPAs brought 21 new clients.

The vast majority of S&P 500 issuers are using the modified retrospective method of adopting the new rules.

In Larry Culp’s first earnings day as CEO, the company revealed an expanded federal probe into its accounting.

General Electric Co.’s new chief executive officer got off to a rocky start with Wall Street as the company revealed an expanded accounting probe by U.S. authorities.