- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
FASB has reached some preliminary decisions about how it will revise rules on lease accounting and hedging to address implementation questions.
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As companies consider limited timeline remaining to adopt lease accounting rules, materiality discussions are helping to prioritize the workload.
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.
