- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
To make it easier for companies to adopt CECL for credit losses, FASB is considering a change that would permit more use of fair value.
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Despite calls for delay or reconsideration of the pending new model for recognizing loan losses, entities are implementing as if nothing will change.
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.
