FASB Requires More Disclosures- The Financial Accounting Standards Board (FASB) by a 7-0 vote agreed to effectively finalize new rules that will require public companies…
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This issue of Best Practice focuses on two cases just decided by the US Supreme Court that will have sweeping impact on the scope and…
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SEC Warns Against AI-Washing - Companies rushing to get on the artificial intelligence (AI) bandwagon in order to increase investor interest are now under increased…
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SEC Hits Pause on Climate Reporting Rules- The SEC has suspended its wide sweeping rules on climate disclosure affecting public companies, pending resolution of lawsuits…
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Flood of Lawsuits Attempts to Sink Climate Disclosure Rules-- Within days of the SEC’s March 6 adoption of its long awaited climate risk and carbon…
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California Sued Over ESG Law- A coalition of business groups has filed a lawsuit seeking to overturn a law signed by California’s Governor Gavin Newsom…
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SEC Issues New SPAC Rules-- On Jan. 24, 2024, the Securities and Exchange Commission adopted final rules to enhance disclosures in initial public offerings (IPOs)…
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Deadline: Anti-Money Laundering Reporting - Starting January 1, 2024, many companies will be required to report information to the U.S. government about who ultimately owns…
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Fraudulent ERC Claims Targeted - The Employee Retention Tax Credit (ERC) is a refundable tax credit designed for businesses that continued paying employees during the…
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