Financial reporting

The dizzying rise and rapid fall in the shares of drugmaker Valeant Pharmaceuticals International Inc. is eerily familiar to Canadian investors still smarting from the last time a small market was dominated by single stocks—BlackBerry Ltd. and Nortel Networks Corp.

There is a powerful alternative that is increasingly being used to deal with excess problematic inventory: corporate barter.

The Anti-Fraud Collaboration introduced a free set of online self-study courses Tuesday for corporate ethics training that can provide continuing professional education credit.

Three former top executives of Dewey & LeBoeuf LLP avoided potential prison terms after a Manhattan jury failed to agree on whether they lied to investors in the run-up to the largest law-firm bankruptcy in history.

Financial restatements can prompt similar companies to misstate their own earnings, according to a new study.

Paul Pacter speaks up for IFRS

Changing timeliness from a black mark to a hallmark

The Securities and Exchange Commission is looking for public comment on the effectiveness of the financial disclosure requirements in Regulation S-X.

The Securities and Exchange Commission announced that it has approved the renewal of its Advisory Committee on Small and Emerging Companies.

BDO USA has agreed to pay $2.1 million to settle charges from the Securities and Exchange Commission that the firm dismissed a number of red flags and issued false and misleading unqualified audit opinions about the financial statements of a staffing services company, General Employment Enterprises.

Much of an accountant’s work is done at the client’s premises. However, whenever we are there, it is an intrusion on their routine. We need to remember we are guests and should remain “out of sight.” Well, let me tell you what happened early on in my career.

Last year, the percentage of non-audit fees dropped below 10 percent of the total fees paid to audit firms for the first time since Sarbanes-Oxley, according to a new report.

The SEC must get out of the way and let FASB tackle its to-do list

The two firms brought on the most new SEC audit clients

The Financial Accounting Foundation has named Candace Wright as the next chair of the Private Company Council.

Willingness to manipulate earnings helps individuals succeed in corporate accounting, according to a new academic study.

Noble Group, the commodity trader battling criticism of its accounting, stepped up its public defense by publishing an auditor’s report in support of its practices.

Nonprofit organizations make accounting errors at a relatively high rate, in part because they try to avoid devoting a high percentage of their funding to administrative costs, according to a new study.

Global standards advocates need to understand the problems

The International Federation of Accountants has released a new briefing paper on how accountants can help their organizations address sustainability issues and incorporate them into business decisions.