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…

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…

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…

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…

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…

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…

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)…

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…

Fraudulent ERC Claims Targeted - The Employee Retention Tax Credit (ERC) is a refundable tax credit designed for businesses that continued paying employees during the…