- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
FASB has decided to follow the advice of an advisory group and make some changes to CECL to address implementation issues.
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Efforts to adopt CECL are generally underway in the banking sector, but companies outside financial services may still have plenty to do.
Within two weeks of gaining power, the U.K.’s newly elected Labor government has confirmed its intention to beef up the audit regulator and strengthen corporate governance.
The U.K.’s Financial Reporting Council fined audit firm MacIntyre Hudson (MHA) and two employees for breaching the agency’s requirements.
