SEC

A former Tesla Inc. employee portrayed by Elon Musk as a saboteur has filed a whistle-blower tip with the U.S. Securities and Exchange Commission alleging the company made misstatements and omissions to investors.

More entities can now qualify for the scaled-back rules.

The Securities and Exchange Commission voted Thursday to propose amendments to the rules surrounding its whistleblower program.

The technology promises to reduce the amount of preparation time and effort for financial filings and make them more readable.

The changing revenue recognition and leasing rules are prompting various strategies to deal with them.

Wesley Bricker, chief accountant at the Securities and Exchange Commission’s Office of the Chief Accountant, told attendees at the Institute of Management Accountants’ annual conference in Indianapolis on Tuesday about the vital role he sees them playing in financial reporting.

The Tax Cuts and Jobs Act made far-reaching changes to the tax code and resulted in significant tax accounting modifications.

The former leaders of Constellation Healthcare Technologies are alleged to have falsified financial and other information.

Individuals who expose accounting violations can earn substantial payouts.

EY appoints Portland managing director; Dixon Hughes Goodman admits 13 partners; and other recent hires, promotions and personnel news from firms across the country.