- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
The SEC has given its final approval to the 2017 GAAP Taxonomy that public companies will use to prepare their XBRL financial statement exhibits.
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A new requirement for companies to adopt some new XBRL technology will produce different levels of compliance burden depending on how companies are complying now.
Slow progress in shifting financial statement data to the digital realm may be getting a boost, but the clock is ticking for proponents to show the real benefits of XBRL.
Aviation maintenance services provider AAR Corp. will pay nearly $56 million to settle charges that it violated the Foreign Corrupt Practices Act when it paid bribes to government officials in Nepal and South Africa.
