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Unearthing revenue and expense opportunities through SOX
- 06/ 14
It is easy to see why, after Sarbanes-Oxley became law in the early 2000s and internal-control testers and reviewers became sought-after professionals, that the demand for their talents sometimes went to their heads. From …
See MoreDoes the FASB need to step back and simplify?
- 06/ 14
Having been involved in accounting for over 30 years, I have seen quite a few changes in accounting requirements, all enthusiastically introduced to “help the reader understand the financial status of a company better.�…
See MoreWhy an underfunded finance team is risky business
- 06/ 14
In a new small company, all the focus — and funds — tend to be on the development side, where the company’s product or service gets fine-tuned for the marketplace. The finance organization as a support function is of…
See MoreSOX management testing: The debate over in-house vs. external testers
- 05/ 14
In its decade-long life, the Sarbanes-Oxley Act has triggered many emotional arguments. One that continues to persist, even all these years later, is whether management testing can be done in-house or should be done solely…
See MoreHow the new revenue recognition standard may affect your company
- 05/ 14
We’ve been hearing about it for years. Finally, the result of the joint project between the FASB and the IASB to update and consolidate accounting standards for revenue recognition into one global standard is just about …
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