SEC Chair Tells CPAs to Focus on Basics, Not ‘Shiny’ Baubles

SEC Chair Paul Atkins chided the accounting industry Monday for its past support of disclosures he said would have undermined corporate reporting and urged firms to get back to “basics.”

SEC Chief Accountant Stresses Global Collaboration on Standards

The SEC’s top accountant is pushing for further cooperation between the US and international accounting boards to cut through complexity and speed up rulewriting.

Arthur Andersen Ex-Partners Seek to Raise $176 Million in IPO

Andersen Group Inc., the US arm of the professional services firm that succeeded the shuttered accounting giant Arthur Andersen, is seeking to raise $176 million in an initial public offering.

Corporate Interim Disclosures Clarified by Accounting Board

Companies gained more clarity Monday on which information they need to disclose in their interim financial reports.

Future US Audit Board Leadership Faces Mounting SEC To-Do List

The US audit regulator will continue under interim leadership for at least a few more weeks while the SEC finalizes new appointments, an agency official said Monday.

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Pimco’s Ivascyn Warns of a `Dangerous’ Credit-Ratings Dynamic

The chief investment officer of one of the world’s biggest bond funds is warning of “dangerous” assumptions in the credit market, where inflated ratings may be giving investors a false sense of security just as the Federal Reserve faces limits on its ability to step in.

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Bank CEOs Expected to Meet Senators on Crypto Market Structure

Bank of America Corp. chief executive officer Brian Moynihan, Citigroup Inc. CEO Jane Fraser and Wells Fargo & Co. CEO Charlie Scharf are scheduled to meet with senators in both parties on Thursday to discuss crypto market legislation that could soon come to a vote, according to a person familiar with the plans.

Why GOP Lawmakers Are Targeting the US Audit Board

SEC Top Accountant Talks Banking Crisis, Audit Worries

'Data Nerd’ Regulator Preps for Digital Auditing Future

How 40 Years of Tax Cuts Have Exacerbated Inequality

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