Category: Compliance

We’ve got a new practice: XBRL!

Having been in the trenches with XBRL since it came on the scene, we’re pleased to announce the launch of our dedicated XRBL practice. Sure, it’s a business opportunity for us, but we believe we can go above and beyond…

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Sales of private shares presenting new challenges; SEC reviewing rules

Last month, SEC chairman Mary Shapiro told the House Oversight Committee that the commission is reviewing the rules and restrictions surrounding the sale of private company stock. Current restrictions include, among others…

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XBRL words to the wise: get a move on!

My colleague Mary Allen observed in her December post that most companies are experiencing rude awakenings when they realize the incredible number of hours needed for XBRL tagging, and she cautioned against relying on a pr…

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The good in the evil SOX narrative

I’ve been working in corporate governance, SOX compliance, for almost four years now and the most difficult task for any company has been the development of the SOX narrative. The narrative is the framework for under…

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Strange comfort: someone, somewhere, is watching—and rating—your accounting policies

Forbes, in conjunction with a quantitative analysis firm called Audit Integrity, recently ranked the most trustworthy publicly traded companies in America. Audit Integrity uses a quantitative metric score to assess the ris…

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XBRL tagging: lessons from the first wave

This past fall I attended a panel discussion presented by the SEC Professionals Group on detailed XBRL tagging. Overall it was very helpful and provided great insight into what other companies experienced for their first e…

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Rev rec worries? Just give it time (and remember to breathe)

The new rev rec guidelines have made for some labor-intensive process changes in some of the client companies that we work for. It took me back in time to the initiation of Sarbanes-Oxley (SOX) compliance and how it mad…

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