COVID-19 Triggers More Going Concern Disclosures The most recent data from Audit Analytics shows that 42 SEC-registered public companies have cited the COVID-19 pandemic as…

Diminishing disgorgements- Supreme Court limits SEC's Power While affirming the SEC's authority to seek disgorgement, the Supreme Court placed limits on the SEC practice of…

PPP 2.0  House Overwhelmingly Passes PPP Clean-up Legislation - With a near unanimous vote of 417-1, the U.S. House on May 28 passed the Paycheck…

Audit Issues Emerge Amid COVID-19 Fallout The currently unforeseeable ramifications of COVID-19 has public company management teams and their auditors scrambling to fulfill SEC reporting…

Billions for Small Business Relief As the federal, state and local governments respond to COVID-19, there has been an unprecedented disruption to businesses throughout the…

SEC Provides Relief to Smaller Reporting Companies on ICFR Attestation March 12, 2020 -- The SEC just announced that it has adopted amendments to the…

ACCOUNTING: CECL: The Fight Continues FASB Chairman Russel Golden ran into a bipartisan buzz saw last month when he appeared before the House Financial Services…

ACCOUNTING: Redefining the Accredited Investor The SEC has proposed amendments to the definition of accredited investor that would allow more investors to participate in private…

ACCOUNTING: Exxon wins New York Climate Accounting Case- Exxon has won the climate accounting case brought against it by New York's Attorney General. It was…