J. Robert Brown, a member of the Public Company Accounting Oversight Board, heavily criticized recent moves by the PCAOB to strip down its research and standard-setting agendas without proper consultation, in an unusual public statement after a series of upheavals at the board. The statement, dated Oct. 13, pointed to the publication last month by the[…]
In 2019, impact investing was a $715 billion global market. Looking beyond the pure financial heft of the market, the number accurately reflects the growing reality among corporates and investors who are seeking to deliver strong financial returns for their shareholders, while building a more equitable world for their stakeholders. With a sharper corporate focus on achieving[…]
Data analytics enables finance leaders to employ a risk-based approach to conducting internal and compliance audits and prioritize improvements when problems are found. The pandemic presents challenging times for many corporate compliance and internal audit functions. Despite a new way of working, the mandate for compliance and internal audit professionals remains the same: identify and[…]
Employment increased by 638,000 jobs in October, including 1,400 in accounting and bookkeeping, the U.S. Bureau of Labor Statistics reported Friday, and unemployment declined 1 percentage point to 6.9 percent as the economy continues a slow recovery despite the ongoing COVID-19 pandemic. Job gains mostly occurred in the leisure and hospitality, professional and business services,[…]