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1397 Resources for

accounting and sec

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BNET Business Dictionary

Accounting
a generic term for all the activities conducted by accountants, for example, bookkeeping and financial accounting. Accounting involves the classification and recording of monetary transactions; the presentation and interpretation of...
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Towers Perrin: $700 Billion Bailout Plan is "No Excuse" to Forgo Fair Value Accounting
STAMFORD, Conn. -- Now that the government has pledged support for a $700 billion economic bailout plan, look for the Securities and Exchange Commission SEC and accounting authorities to help out, according to global professional services firm Towers Perrin. The most talked-about relief in regulatory circles is a temporary -...
Tags: accounting, FINANCE, SEC, Towers Perrin
Research articles 2008-10-08
4-in-10 CEOs Agree With SEC's Decision to Let Foreign Companies Use IFRS in the U.S
6-in-10 CEOs Say Their Company Has at Least Some Experience With IFRS CHICAGO -- In a Grant Thornton LLP national survey of 250 U.S. chief executive officers, 40 percent agree with the Securities and Exchange Commission's decision to permit foreign firms listed on U.S. exchanges to file financial statements...
Tags: accounting, FINANCE, financial, SEC, U.S.
Research articles 2008-09-24
Accounting Standards Get SEC Boost
The goal of harmonizing U.S. accounting standards with international rules moved a step closer last week when the Securities and Exchange Commission approved a proposal to require at least some U.S. companies to use International Financial Reporting Standards, or IFRS, beginning in 2014. Currently, publicly held U.S. companies use Generally...
Tags: accounting, FINANCE, SEC
Research articles 2008-09-01
SEC OKs plan that could lead to global accounting rules
Securities regulators on Wednesday gave the go-ahead to a plan that could require thousands of U.S. companies to change from U.S. accounting standards to global accounting rules that are quickly gaining favor abroad. The Securities and Exchange Commission unanimously approved a "road map" that might require...
Tags: accounting, Cox, FINANCE, Quality, SEC, standards
Research articles 2008-08-28
FRC and SBC are working hard
One of the most rewarding experiences in my role with IMA's professional advocacy efforts is my interaction with members who serve on the Financial Reporting and Small Business Financial and Regulatory Affairs Committees FRC and SBC. Beginning with this article, I plan to provide regular updates about the activities of...
Tags: accounting, FINANCE, financial, Financial Accounting Standards Board, SEC, XBRL
Research articles 2008-08-01
ArthroCare Announces Informal Inquiry by SEC
AUSTIN, Texas -- ArthroCare Corp. (NASDAQ: ARTC) announced today that it has been informed by the SEC's Fort Worth District Office that the Staff of the SEC's Division of Enforcement is conducting an informal inquiry into accounting matters related to ArthroCare Corporation arising out of the Company's recently announced restatement...
Tags: accounting, Company, FINANCE, financial, restatement, SEC
Research articles 2008-07-24
AICPA Offers Seminar in New York on 'Emerging Issue' XBRL
Expert Technical Instructors Detail New SEC Rule NEW YORK -- The American Institute of Certified Public Accountants is offering a special two-day seminar, July 22-23, for financial professionals on understanding and applying the new eXtensible Business Reporting Language XBRL required for public companies by the Securities and Exchange Commission....
Tags: accounting, AICPA, FINANCE, financial, SEC, XBRL
Research articles 2008-06-30
Symmetricom Files Restated Financial Statements and Quarterly Reports
SAN JOSE, Calif. -- Symmetricom, Inc. (NASDAQ:SYMM) today announced that it has filed with the Securities and Exchange Commission an amended Annual Report on Form 10-K/A for the fiscal year ended July 1, 2007, an amended Quarterly Report on Form 10-Q/A for the quarter ended September 30, 2007 and Quarterly...
Tags: accounting, Company, FINANCE, financial, Nasdaq Stock Market Inc., SEC, Symmetricom
Research articles 2008-06-17
MRV to Review Historical Option Practices and to Review Accounting for Earnouts and Profit Sharing in Two European Subsidiaries and Expects to Restate Financial Statements
CHATSWORTH, Calif. -- MRV COMMUNICATIONS, INC. (Nasdaq:MRVC) today announced that as a result of the recent discovery and preliminary analysis by management of information relating to the company's stock option practices during the period from 2002 through the first quarter of 2004, the company's board of directors has established a...
Tags: accounting, Benefits, Company, FINANCE, financial, Investment, SEC, stock
Research articles 2008-06-06
The PCAOB 101
SECTION 101 OF THE U.S. SARBANES-OXLEY ACT of 2002 established the Public Company Accounting Oversight Board PCAOB--a private-sector, non-profit corporation--to oversee auditors of public organizations. Endowed with both private and legislative powers, the PCAOB maintains its headquarters in Washington, D.C., with offices in Ashburn, Va.; Atlanta; Chicago; Dallas; Denver; Irvine,...
Tags: accounting, audit, board, FINANCE, financial, PCAOB, SEC
Research articles 2008-06-01
Roger Martin named Academic Fellow
IMA member Roger Martin, CMA, has been named an Academic Accounting Fellow in the Office of the Chief Accountant of the Securities & Exchange Commission SEC. His term begins in August and runs through December 2008. In this position he will serve as a research resource for SEC staff and...
Tags: accounting, auditing, FINANCE, SEC
Research articles 2008-06-01
Gradient Analytics' Research Provided Early Warning of Accounting Fraud at Royal Ahold
SEC Complaint Reveals How U.S. Foodservice Executives Fooled Auditors with "False AR Confirmations" SCOTTSDALE, Ariz. -- Gradient Analytics said today its early research into Royal Ahold N.V. published in July 2002 provided early warning on a $700 million dollar accounting fraud at the company's U.S. Foodservice USF subsidiary. According...
Tags: accounting, allowance, analytics, FINANCE, fraud, Litigation, SEC
Research articles 2008-05-16
Ex-Presstek execs received $2.1m for partial service in '07
At the end of 2007, Presstek still did not maintain effective control over its financial reporting, and it faced a Securities and Exchange Commission investigation that could levy fines so large that its insurance could not cover them, according to the company's delayed annual filing with the SEC. But -...
Tags: accounting, Benefits, compensation, FINANCE, SEC
Research articles 2008-05-09
IMA advocacy efforts spotlight and advance your profession
As a professional association, the Institute of Management Accountants (IMA[R]) has the opportunity to serve as a spokesperson on behalf of management accounting and finance professionals, using the entire weight of our membership to influence rule-making, legislation, and public policy affecting the profession and the work our members perform every...
Tags: accounting, FINANCE, Government, Regulations, Sarbanes-Oxley, SEC
Research articles 2008-05-01
SEC content released onto the FASB Accounting Standards Codification
The Financial Accounting Standards Board has released selected portions of SEC staff content onto the FASB Accounting Standards Codification (http://asc.fasb.org/home) for reference by public companies. The Codification does not change the SEC content; rather it includes the content reorganized into roughly 90 accounting topics to more closely align with the...
Tags: accounting, FINANCE, Financial Accounting Standards Board, SEC
Research articles 2008-05-01
David Landau & Associates, LLC Broadens Its Management Team with the New Hire of Former Grant Thornton Partner RoAnna Pascher, CPA to Director of the Internal Audit & Accounting Advisory Group
FAIRFIELD, N.J. -- DLA is proud to announce that RoAnna Pascher, CPA, has joined the Firm as Director of the firm's Internal Audit & Accounting Advisory Group. RoAnna brings with her a deep knowledge of Accounting and SEC policy, rules and regulations,, and Financial Reporting. Her hands-on approach, insight to...
Tags: accounting, audit, CFO, director, FINANCE, financial, knowledge, SEC, team
Research articles 2008-04-24
East West Bancorp Strengthens Capital Position, Raising $200 Million in Sale of Convertible Preferred Stock
PASADENA, Calif. -- East West Bancorp, Inc. (Nasdaq: EWBC), parent company of East West Bank, one of the nation's premier community banks, today announced the underwriter has exercised its option to purchase additional Non-Cumulative Perpetual Convertible Preferred Stock (the "Preferred Stock") for $25 million related to the public offering announced...
Tags: accounting, bank, Company, prospectus, SEC
Research articles 2008-04-24
COMPANY SHAKES UP EXECS AMID SEC PROBE
Westmoreland Coal Co. replaced its chief financial officer Wednesday and promoted three other executives to new accounting posts in the wake of two earnings restatements in 16 months. The move comes two days after the company told stockholders it is being investigatted by the Securities and Exchange...
Tags: accounting, CFO, Company, FINANCE, Investment, restatement, SEC, Westmoreland Coal Co.
Research articles 2008-04-03
A California Public Company Was 63% More Likely to Be Sued Than an Average Domestic Issuer in 2007
Report Reveals West Coast Securities Litigation Trends, Paints SEC Enforcement Picture PALO ALTO, Calif. -- WilmerHale's inaugural annual Report on West Coast Securities Litigation & SEC Enforcement found that there were 44 public companies sued in 2007 in Western U.S., a striking 56% increase over 2006, reversing what some...
Tags: accounting, California, FINANCE, SEC, security
Research articles 2008-04-01
SEC IS INVESTIGATING ACCOUNTING ERRORS
Federal securities regulators are investigating Westmoreland Coal Co. for accounting errors that have forced the company to revise its earnings twice in the past 16 months. The Colorado Springs-based company revealed the probe Monday in a filing with the Securities and Exchange Commission that also disclosed that...
Tags: accounting, FINANCE, Investment, restatement, SEC, Westmoreland Coal Co.
Research articles 2008-04-01
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