Commentary on accounting issues by professor David Albrecht. Primary topics include financial accounting, regulation by SEC and PCAOB, standard setting by FASB and IASB, accounting education, and accounting humor.
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A year ago, I posted some links to videos and/or whatever that helped divert my attention from the depressing task of writing and then grading final exams. That page is still getting hits, but many of the links are broken. It is time for an update....
Edith Orenstein, in her exceedingly well done FEI Blog, quotes SEC Chief Accountant James Kroeker as saying:
Kroeker outlined six general areas that the SEC would have to “carefully consider … fully understand and address” regarding the potential use...
Francine McKenna, author/editor of re: The Auditors and watchdog of the public accounting industry, has scored again with They Weren’t There: Auditors And The Financial Crisis. Thus she continues to add to her single season scoring record.
U.S....
A lawsuit challenging the consitutionality of the Sarbanes Oxley Act of 2002 (SOX) is scheduled for review by the Supreme Court on Monday, December 7.
Key provisions of SOX are under attack. It is possible that SOX will be either voided or scaled back...
