The SEC Wants to Cut Quarterly Reporting. That’s a Start.
For 50+ years, the Q-10 has been a fixture of financial reporting for public companies. It’s so ingrained, few people ask whether it still makes sense. The SEC and FASB are finally asking.
The SEC internship that changed everything for one aspiring accountant
Who knew that watching the TV show Suits could lead to a life-changing internship at the SEC? For Cody Turley, that's exactly what happened, and it was just the beginning of a wild ride through the world of forensic accounting.
1,500 bogus audits. A $14 million fine. A lifetime ban from the SEC. But no jail time?
1,500 bogus audits. A $14 million fine. A lifetime ban from the SEC. But no jail time? On today's live stream, we led with the breaking news about the charges against BF Borgers, a one-partner audit firm charged with faking hundreds of public company audits – including Trump's SPAC.
What the Barbie movie gets wrong about her creator's “IRS” problems
Did you see the Barbie movie? In the movie, Barbie's creator Ruth Handler makes an off-hand mention of her IRS problems — but that’s wrong.