April 2010
Regulatory Roundup 4/29/2010: Local Gov't Audits
Regulatory updates and activities for April 29, 2010:
SEC to Spotlight IFRS Progress and Accept Feedback on Website
You heard it here first! Securities and Exchange Commission (SEC) Deputy Chief Accountant Paul A. Beswick told a group of CPAs at the Robert Zicklin Center for Corporate Integrity's annual Financial Reporting Conference today that the commission will soon announce a new spotlight page on its website devoted to the IFRS convergence process.
In addition to updates on the SEC's IFRS workplan, the page will be used "to request comment in specific areas," Beswick said. It will also include a feature that will allow users to pass along any comments that would be of interest to SEC staff, he said.
Beswick said he expected to make a formal announcement regarding the new webpage later today or tomorrow.
Many of the speakers at the conference -- including Financial Accounting Standards Board Chair Robert H. Herz and SEC Chief Accountant James Kroeker -- took the opportunity to promote IFRS efforts and restate a commitment to convergence.
Meet the New SEC Enforcement Division Chief Accountant
See this guy to the left? His name is Howard Scheck, and he's the new chief accountant in the Division of Enforcement at the Securities and Exchange Commission (SEC).
So new, in fact, that the speech he gave today at the Robert Zicklin Center for Corporate Integrity's Financial Reporting Conference was his first public presentation.
Regulatory Roundup 4/28/2010: TIGTA
Regulatory actions and updates for April 28, 2010:
Debt Commission Holds First Meeting
The bi-partisan commission put together to figure out how, exactly, to deal with the massive debts that the government has accumulated over the course of the financial crisis, had its first meeting on Tuesday, with President Obama, who established the panel in February, providing opening
Regulatory Roundup 4/27/2010: FASB ASU
Regulatory actions and updates for April 27, 2010:
Utah CPA Barred from Tax Prep for $393 Million in Fraudulent Returns
Regulatory Roundup 4/26/2010: Cost of HealthReform.gov Website
Regulatory actions and updates for April 26, 2010:
Business Economists Predict Job Growth
A recent survey released by the National Association of Business Economists, a professional organization representing economists associated with business world, shows increased optimism for the country’s economic future as demand for services has moved higher over the last few months.
LIVEBLOG: Financial Regulatory Reform Senate Vote
**Check this post for updates throughout the day**