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The changes would enhance the transparency of how nonprofits report contributed nonfinancial assets.September 17
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The U.K.’s Financial Reporting Council sanctioned Deloitte and two of its former partners for their audits of the software company Autonomy prior to its acquisition by HP and levied a record penalty.September 17
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A former FASB chair believes the "revolving door" from firms to regulators and back is good for the capital markets.September 16
Former chairmanFinancial Accounting Standards Board
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Richard Jones is making post-implementation reviews of standards one of his top priorities, and taking a closer look at FASB’s crowded agenda.September 15
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Large firms have been reporting revenue increases amid the pandemic.September 15
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Ernst & Young is sending letters to clients admitting it failed to uncover fraud at the payment company sooner.September 15
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The Carbon Disclosure Project, the Climate Disclosure Standards Board, the Global Reporting Initiative, the International Integrated Reporting Council and the Sustainability Accounting Standards Board will work on a common set of disclosures.September 11
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EY earned a record $37.2 billion in the fiscal year ending June 30.September 10
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COVID-19 has created new challenges and a remote work environment that heightens the risk of fraud at public companies.September 10
Chair, Securities & governance practiceRopes & Gray
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The Public Company Accounting Oversight Board updated its research and standard-setting agendas.September 8
