Internal controls are systems and procedures designed to ensure that all employees perform their duties ethically and honestly. Accounting controls deal specifically with the integrity of internal ...
NORWALK, Conn.--(BUSINESS WIRE)--When the Financial Accounting Standards Board (FASB) issues a final standard, it means the FASB has concluded that the benefits derived from the standard justify the ...
Financial executives feel that the requirements for documenting their organization’s internal controls are getting to be too much and many of them are behind the curve when it comes to applying ...
As companies scale digitally, financial control has shifted from accounting to infrastructure, forcing finance leaders to ...
When your company doesn't have adequate controls in financial management, you don't know the true financial situation of the company and you may report incorrect amounts to authorities for tax and ...
Here are some basic propositions that surround FCPA compliance. It is often underplayed that the FCPA contains more than just a bribery prohibition – the FCPA contains broad provisions, requiring ...
White & Case attorneys discuss the changing scope of the internal accounting controls provision under Section 13(b)(2)(B) of the Exchange Act. They analyze recent developments and highlight growing ...
Financial advisors and accountants are both financial professionals who assist clients with different aspects of their financial lives. While both jobs involve financial analysis, there are ...
Learn how accounting spreadsheets work with real examples of journals plus when to switch to accounting software.
Federal regulators have accepted Fulton Financial’s offer to pay a $1.5 million penalty to settle allegations that it mishandled an accounting valuation allowance, the banking company disclosed Monday ...
Two essential professionals on just about any financial team are a financial advisor and accountant. Some financial advisors have in-house tax specialists, but at other times, it's up to the client to ...