- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
The SEC is urging companies to tighten accounting procedures around the statement of cash flows, amid a steady rise in restatements associated with it. Speaking at the national AICPA conference earlier this month, SEC staffer Kirk Crews said the majority of errors were “due to relatively less complex applications” of ...
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After years of nebulous guidance around three major issues of cash flow statements—operating, investing, and financing—FASB is making major clarifications. Tammy Whitehouse reports.
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