SEC

The commission warned on Friday that filers are using the wrong XBRL tags for reporting their finance lease liability and future payments.

The slide extended to a second day as investors reassessed the company’s Bitcoin buying strategy.

The company can’t strip out the cryptocurrency's wild swings from the unofficial accounting measures it touts to investors, the commission said.

The idea behind Sarbanes-Oxley was that public companies require an extra layer of accounting checks and internal controls that private companies do not in order to protect average investors.

The crypto industry is flooding Washington with money, snapping up lobbying firms, and building up their trade associations in an effort to curb new rules.

The board has a new leader, Erica Williams, after its new chair was sworn in Monday by the Securities and Exchange Commission in a virtual ceremony.

When companies suddenly replace their auditing firms, the required SEC disclosures are often vague and may be a signal of a forthcoming restatement, but timing is a crucial factor.

The GRT, SRT and DQCRT are available for review, but still await final SEC approval.

The SEC said it would begin identifying companies that are using non-inspected auditors.

Some expressed concerns about lower levels of enforcement, while one suggested the board suffered from a credibility gap.