May 20, 2013In a survey, reputational risk was the primary concern of boards of directors. Social media amplifies risk. Respondents
also stated that internal audit departments were helpful in identifying risk. Boards need to be ahead of the curve on
digital risk management. More
May 19, 2013The FASB and the IASB have been working together to achieve convergence of IFRS and U.S. GAAP but a common set of high quality global accounting standards might be far away. More info on IFRS U.S. GAAP and accounting standards for U.S. public companies. More
May 19, 2013Recent SEC enforcement actions including signing a materially false audit confirmation and improper revenue recognition.
More info on SEC enforcement, revenue recognition and audits from our public companies group. More
May 19, 2013The SEC's NEP has identified certain risk areas that apply to nearly all registrants. Priorities listed are aligned with
the SEC’s mission to improve compliance, prevent fraud, inform policy and monitor firm-wide and systemic risk. New and
emerging risks is also a topic. More
May 19, 2013Information on SEC comment letters, the JOBS Act and FASB. EisnerAmper is a PCAOB-registered accounting firm and is one
of the nation’s largest auditors of SEC registrants. This article discusses emerging growth company qualification the JOBS Act and more. More
May 19, 2013The FASB has received feedback on the increasing frequency of information usually included in MD&A now being included in
financial statement disclosures. The MD&A section provides the investor with information. More info on MD&A and
financial statement disclosures. More
May 19, 2013Accounting standards update. The FASB and IASB have reached tentative decisions on certain revenue recognition
disclosure issues. Effective dates for revenue recognition guidance. Liabilities and a consensus of the FASB Emerging
Issues Task Force and more. More
May 19, 2013News on accounting, internal audits and more. The NASDAQ has proposed a change that would require listed companies to
establish an internal audit function. 7 attributes of a highly effective internal auditor. Info on accounting and
external and internal audits. More
May 08, 2013NJ NOL and R&D credit application. Technology or biotech-based companies applying for sale of New Jersey NOLs and/or R&D
credits through the NJ Economic Development Authority. Requirements for the 2013 NJ R&D Credit application. More
May 08, 2013Concerns about risks confronting boards. Recognizing and addressing risk and maintaining risk management programs. In addition to reputation management and risk management, the survey revealed strategic direction had the attention of all boards. More