SEC Sets Road Map for IFRS

August 28, 2008

The Securities and Exchange Commission voted to publish for public comment its long awaited proposed road map that could lead to the use of International Financial Reporting Standards (IFRS) by U.S. issuers beginning in 2014.

PCAOB Prevails in Lawsuit

August 26, 2008

The efforts of a Washington-based conservative think tank, the Competitive Enterprise Institute (CEI) to bring down the Public Company Accounting Oversight Board (PCAOB) were thwarted by the Court of Appeals for the District of Columbia.

A Toxic Topic in the Workplace

August 21, 2008

As the Presidential election draws closer, the conversation around the water cooler or in workplace blogs tends to stray into the generally verboten political arena, which can lead to serious problems for senior executives or managers who air their views too vocally.

Top Performers Get Top Rewards

August 19, 2008

If you're an outstanding finance executive or manager at an oil and gas company or business processing outsourcing organization there's good news for you on the compensation front. But if you're an average performer working in a non-growth industry, such as banking or retail, your pay next year will likely keep you barely ahead of inflation.

Owning Up to Security Breaches

August 14, 2008

The recent arrests of the people responsible for the massive identity theft that compromised 40 million credit and debit card numbers over an eighteen-month period in 2006 and 2007 puts the need for improving data security -- and disclosure and reporting of security breaches -- back on the front burner.

FASB Calls for Guesstimating Ongoing Litigation Costs

August 12, 2008

The comment period for a Financial Accounting Standards Board (FASB) proposal that would require companies to account for the potential cost of ongoing litigation came to a close last week on the heels of a Wall Street Journal editorial that lambasts the notion that the change would be a benefit to shareholders.

Another Ticking Time Bomb in Executive Compensation?

August 7, 2008

Investors' ire over abuses in executive compensation seems to have subsided now that most companies have met complex new disclosure demands from the SEC.

Investor Groups Fight for Stronger Severe Risk Reporting

August 6, 2008

Investors are "mad as hell" over failures in product safety relating to toxic chemicals -- and they're not going to take it anymore.