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Judgments that are overly optimistic, unsupported, or poorly documented can tip into the territory of errors or fraud, leading to restatements and enforcement.
May 7Forensic Risk Alliance -
The Financial Accounting Standards Board issued a proposed accounting standards update on debt exchange transactions involving multiple creditors.
April 30 -
The Financial Accounting Standards Board published a rule in 2023 requiring companies that hold crypto to report their tokens at fair value.
April 25 -
Michael Saylor's Strategy and fellow corporate buyers of Bitcoin are being made to recognize the unrealized changes.
April 7 -
Retail entrepreneur Christine Hunsicker resigned from CaaStle after the startup's board of directors alleged she misrepresented the company's performance.
April 1 -
Builder.ai lowered sales figures and hired auditors, a major setback for the artificial intelligence startup backed by Microsoft and the Qatar Investment Authority.
April 1 -
The move comes after ADM adjusted years of financial results due to errors in the way it reported transactions between business units.
March 27 -
After accounting issues arose at Autodesk, Starboard has pressured the board to reevaluate the performance of CEO Andrew Anagnost.
March 20 -
KPMG LLP has taken a significant step by launching KPMG Law US, marking a milestone as the first law firm owned by a Big Four firm to serve the U.S. market.
March 18Truth in Accounting Project, University of Denver -
The Securities and Exchange Commission's new EDGAR system will go live on March 24.
March 7