SEC

The biggest-ever payouts went to tipsters who provided information that helped the agency bring a 2016 case against Bank of America.

The Securities and Exchange Commission has accepted the latest sets of XBRL tags for financial filing.

The International Financial Reporting Standards Foundation has released a new set of data tags, while the Securities and Exchange Commission also renewed its files.

Elizabeth Holmes raised hundreds of millions of dollars from investors on the promise that her medical-testing startup Theranos Inc. would change medicine with a single drop of blood. On Wednesday, securities regulators called her a fraud and forced her to give up the company she built.

Foreign affiliates of KPMG, Deloitte & Touche and BDO have agreed to settle charges with the Securities and Exchange Commission for getting involved in audit work that circumvented the Public Company Accounting Oversight Board’s full oversight.

The Securities and Exchange Commission voted unanimously to approve guidance to encourage public companies to provide more information about cyber attacks, data breaches and the risks of them occurring.

The U.S. Supreme Court narrowed an anti-retaliation provision in the 2010 Dodd-Frank financial law, insulating publicly traded companies from some whistleblower lawsuits.

Awareness, communication and documentation are the keys to staying independent.

The Securities and Exchange Commission named Kyle Moffatt, a former audit manager at Ernst & Young, as chief accountant in the SEC’s Division of Corporation Finance.

The Financial Accounting Standards Board is moving forward with a proposed accounting standards update to reclassify the stranded tax effects from the Tax Cuts and Jobs Act of 2017, although at least one investor group has some concerns.

The Big Four firm had the larger number of new clients for the year, but the Seattle firm netted the most.

Audit committees at public companies should be aware of some of the accounting implications of the new Tax Cuts and Jobs Act, according to a new report from Ernst & Young.

Michael F. Maloney, the chief accountant at the Securities and Exchange Commission’s Division of Enforcement, is leaving the SEC in February.

A merger with Denver-based Hein gave the West Coast giant 33 new clients.

General Electric Co. is under investigation by U.S. regulators after taking a larger-than-expected charge in its finance division, dealing a new black eye to a company once enshrined as an icon of American business.

The U.S. regulator overseeing auditors was rocked by criminal charges as federal prosecutors accused three former employees of leaking inside information to KPMG LLP so it could improve its audit results.

Mandatory quarterly reporting by public companies can lead to a short-sighted focus on near-term results, according to a new academic study.

The Securities and Exchange Commission charged six CPAs Monday who were former senior officials at KPMG and ex-staffers at the Public Company Accounting Oversight Board with participating in a scheme to misappropriate and misuse information on the PCAOB’s planned inspection of the Big Four firm.

The Financial Accounting Standards Board issued a one-page Q&A document Thursday from its staff letting private companies and nonprofits apply recent staff guidance from the Securities and Exchange Commission on the tax accounting implications of the recently passed Tax Cuts and Jobs Act and plans future Q&A documents, along with an accounting standards update.

The Securities and Exchange Commission’s whistleblower program demonstrated during fiscal year ended Sept. 30, 2017 that it continues to be a remarkable tool for combating securities fraud in the United States and strengthening capital markets.