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Accounting
Australia
Clyde & Co
The Full Federal Court of Australia has clarified resoundingly the law of privilege against self-incrimination and/or exposure to penalties (the Privilege) as it applies to partnerships.
Bulgaria
Eurofast
Bulgaria has introduced law amendments (applicable as of 01 February 2020) which are entirely aligned with the obligations of the Bulgarian state...
Canada
Borden Ladner Gervais LLP
As the novel coronavirus (or COVID-19) continues to spread worldwide, its impact on international business operations, supply chains, travel, commodity prices, consumer confidence and business...
TaxChambers LLP
Accounting is the language of the world of finance and taxation. As with all languages, there are certain rules and conventions that we follow to make the language universally understandable and acceptable.
Clark Wilson LLP
This series explores the approach taken by several public post-secondary institutions in Canada to deploy innovative, independent, and accountable business structures...
European Union
Herbert Smith Freehills
The Financial Reporting Council (FRC) and Department for Business, Energy and Industrial Strategy (BEIS
India
Lex Favios
RBI vide circular No.109/22.10.106/2019-20 dated 13.03.2020 has notified the implementation of Indian Accounting Standards for NBFCs.
Khaitan & Co
The Company (Auditor's Report) Order, 2016 (CARO 2016) was notified on 29 March 2016.
Nigeria
Andersen Tax LP
On 27 February 2020, the National Information Technology Development Agency (NITDA) notified all Data Protection Compliance Organisations (DPCOs) that Data Controllers, Data Processors and...
UK
Herbert Smith Freehills
Recent years have seen an unprecedented focus on audit and auditors in the UK. This has been driven, at least in part, by a number of high-profile corporate failures as...
Herbert Smith Freehills
Over the last year, three key reports have been published on the future of the audit and accountancy professions
United States
Cadwalader, Wickersham & Taft LLP
FINRA notified members that it will assess and collect an accounting support fee of $10,022,000 to fund the current annual budget of the Governmental Accounting Standards Board.
Cadwalader, Wickersham & Taft LLP
The Government Accountability Office offered criticisms and recommendations on the Office of Management and Budget ("OMB") Data Center Optimization Initiative ("DCOI").
Cadwalader, Wickersham & Taft LLP
A broker-dealer settled FINRA charges for Order Audit Trail System ("OATS") reporting violations.
Mayer Brown
Last week, in a joint statement, Securities and Exchange Commission Chair Jay Clayton, the Director of the Division of Corporation Finance, Bill Hinman, the SEC's Chief...
Cadwalader, Wickersham & Taft LLP
SEC and Public Company Accounting Oversight Board ("PCAOB") leaders alerted market participants to potential impacts from the coronavirus on financial disclosure and reporting.
Cooley LLP
This new statement is focused primarily on financial disclosures and audit quality.
Arnold & Porter
In February 2020, the Government Accountability Office (GAO) released a report on the Cost Accounting Standards (CAS) Board's progress on modernizing the CAS...
Torres Law, PLLC
Very few words evoke feelings of fear and loathing quite like the word "audit." But Compliance professionals understand that auditing internal trade compliance processes is a necessary method ...
Tactical Law Group LLP
The ITAM Review recently published the results of its December 2019 survey of Oracle customers, asking for their first-hand experiences and whether Oracle employed predatory software...
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