Whistleblower Accuses Vanguard of Cheating on Taxes, Costing Taxpayers More...
David Danon, a former tax attorney at Vanguard, one of the world’s largest investment companies, has alleged that it manipulated transfer pricing to keep costs and taxes artificially low, according to...
View ArticleSEC to PCAOB: What's the Holdup?
The Securities and Exchange Commission (SEC) has expressed frustration with the Public Company Accounting Oversight Board (PCAOB) over a lack of progress in establishing new rules governing how...
View ArticleSEC Fixing Flaw in EDGAR to Level Investor Playing Field
The Securities and Exchange Commission (SEC) is working to fix a flaw in its Electronic Data Gathering, Analysis, and Retrieval, or EDGAR, system that had allowed some investors to access potentially...
View ArticleSEC Stepping Up Accounting Investigations
The Securities and Exchange Commission has been conducting many more investigations into accounting matters than in years past, said the Wall Street Journal. Data has shown that accounting fraud...
View ArticleSEC: Too Many Joint Ventures Filing as Foreign Businesses
The Securities and Exchange Commission (SEC) has been seeing far too many cases where what is clearly a joint venture filing, instead, as a foreign business, presumably because the filing requirements...
View ArticleSEC Interpretation Explains Do's and Don'ts of Multimedia in Filings
Everyone loves charts and graphs, but recent interpretive guidance from the Securities and Exchange Commission warned filers not to love them too much, according to Compliance Week.read more
View ArticleSEC Nearing Deal with Chinese Affiliate Firms
The long running dispute between the Securities and Exchange Commission (SEC) and the Chinese affiliates of the Big Four firms is reportedly approaching a conclusion as the two parties are close to...
View ArticleSEC Commissioner Calls for Mandatory GASB for Muni Bond Issuers
Dan Gallagher, a member of the Securities and Exchange Commission, said in a speech before the Financial Industry Regulatory Authority that those who issue municipal bonds should be required to comply...
View ArticleSEC Approves 2015 XBRL Taxonomy for GAAP
The Securities and Exchange Commission has given final approval for the 2015 XBRL taxonomy for U.S. GAAP, according to Compliance Week, allowing entities to use the updated version in their latest...
View ArticleSEC Pushing for More Admissions of Guilt from Offenders
The Securities and Exchange Commission (SEC) has been getting slightly tougher with people and companies that break the law, showing an increase in the number of times it has sought an admission of...
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