U.S. companies reported goodwill impairments of $26 billion in 2014, boosted by falling oil pirces.
Private equity firm Fenway Partners failed to disclose some of the fees a portfolio company paid to a consulting firm affiliate, according to the SEC.
The final package of base erosion and profit-shifting measures includes new minimum standards on country-by-country reporting.
The SEC says the Japanese company violated securities laws in its recording of "success fees" paid in connection with government contracts.
The accounting standard setter wants to make it perfectly clear that only the U.S. Supreme Court definition applies.
The SEC alleges fraudulent billing practices at SMF Energy allowed the firm to post profits when it actually lost money.
The retailer has settled SEC charges its internal accounting controls failed to ensure proper inventory valuations of items subject to price…
De Joya Griffith and M&K CPAS were accused of defectively auditing the financial statements of purported mining companies.
The organization tells the SEC that an internal audit function should be recognized as "a matter of basic good governance."