Triangulating Law, Data & Ethics
In a previous entry, I highlighted the SEC’s movement to require U.S. companies to prepare their financial statements using International Financial Reporting Standards (a.k.a. “IFRS”).* In that entry, I speculated that the transition to IFRS would be rapid but didn’t offer a specific timeline. Having parsed more closely some of Chris Cox’s comments at a […]
On top of everything else, Société Générale now faces European and SEC investigations into possible insider trading. Today’s Wall Street Journal headline reads “SEC Probes French Bank: U.S. Investigation of SocGen Focuses On Stock Sales.” When a publicly traded stock falls dramatically, you can expect market regulators to begin trolling for impropriety in trades by […]
Most corporate accounting and finance people are heavily engaged this time of year slogging through audits and preparing data for tax returns. The furthest thing from their minds are huge changes in accounting standards now lurking at the SEC. And I don’t mean the Southeastern Conference.
