SEC

The award is the highest in the history of the congressional program.

PricewaterhouseCoopers is teaming up with the Sustainability Accounting Standards Board on translating its standards into Extensible Business Reporting Language, while also rolling out its own ESG Pulse application for environmental, social and governance reporting at companies.

The Securities and Exchange Commission voted to adopt amendments to its longstanding auditor independence requirements, relaxing restrictions on relationships between auditors and their clients as part of a deregulatory push by the SEC in recent years.

James Kaiser, a member of the Public Company Accounting Oversight Board since 2018, is leaving the PCAOB and will be replaced by chief auditor Megan Zietsman in another sign of turmoil at the audit overseer.

J. Robert Brown criticized recent moves by the Public Company Accounting Oversight Board to strip down its research and standard-setting agendas without proper consultation.

General Electric Co. warned that it’s likely to face Securities and Exchange Commission allegations of accounting misdeeds, setting back CEO Larry Culp’s effort to put the company’s rocky past behind it.

Elusive cybersecurity pioneer John McAfee was arrested in Spain for tax evasion in the U.S.

The commission filed settled actions against two public companies and two former executives for improper reporting of quarterly EPS.

Regulators are making it harder for small-time shareholders to put forth proposals aimed at cracking down on excessive pay, climate change and other corporate governance concerns.

A former FASB chair believes the "revolving door" from firms to regulators and back is good for the capital markets.

The Public Company Accounting Oversight Board updated its research and standard-setting agendas.

GSX Techedu is the latest case of a U.S.-listed Chinese company facing greater scrutiny on accounting issues amid rising tensions.

The changes represent probably the biggest overhaul of Regulation S-K disclosures in more than three decades.

SobelCo appoints first COO; Plante Moran adds 25 partners; and more CPA news.

With the recent economic slowdown, companies are under increased pressure to show stability, or even growth, and paint a rosy picture for investors.

Mark Frissora will return nearly $2 million in incentive-based compensation to settle a U.S. regulator’s claims that he played a key role in causing the now-bankrupt car-rental company to file inaccurate financial statements in 2013.

FICPA welcomes next class to emerging leaders program; Anders adds St. Louis firm; and more CPA news.

China’s securities regulator said it has sent U.S. authorities a fresh proposal about co-auditing Chinese firms, days after Washington moved to tighten rules for stock listings from the Asian nation.

The Securities and Exchange Commission named Lindsay McCord as chief accountant in the SEC’s Division of Corporation Finance.

EY and BF Borgers made good showings for the quarter.