SEC

The Financial Accounting Standards Board has posted the 2025 GAAP Financial Reporting Taxonomy, SEC Reporting Taxonomy and GAAP Employee Benefit Plan Taxonomy.

In a comment letter, the institute says the board's new requirements could drive smaller auditing firms out of the market.

The Louisiana-based utility company paid the Securities and Exchange Commission $12 million to settle the charges.

The Public Company Accounting Oversight Board's 2025 budget totals $399.7 million, and the accounting support fee totals $374.9 million.

Auditing firms appear to be making headway on fixing some of the problems identified by the Public Company Accounting Oversight Board.

The nominee for head of the Securities and Exchange Commission, Paul Atkins, will pursue a more deregulatory and crypto-friendly approach than Gary Gensler.

By selecting Paul Atkins, Trump is tapping one of the most influential GOP financial regulation insiders to oversee Wall Street.

The American Institute of CPAs is still concerned about the Public Company Accounting Oversight Board's new firm and engagement metrics standard, despite some modifications from the original proposal.

The company failed to follow GAAP when it evaluated its less-than-truckload operations in 2019 and 2020.

The SEC chair's ambitious agenda drew fierce resistance from Wall Street and the crypto industry.