The panel began with DeHihns invoking imagery of the Great Depression and the Dust Bowl to remind the audience that sustainability issues are not as…
Few countries can claim that integrated reporting (IR) is common among domestic companies. An exception is South Africa, with many listed and public organizations having…
I like to think of myself as a capital market activist, and that's where you get the title of my most recent book—The Integrated Reporting…
In Brief Corporate sustainability reporting is becoming more widespread with each passing year, and with that growth comes the need for companies to back up…
Tax professionals, and also the general public, well know by now that U.S. taxpayers are required to report foreign financial accounts to the government. Since…
Panel Discussion on Integrated Reporting
A Practical Perspective from Preparers and Practitioners
Sullivan opened the panel by speaking about the importance of a more holistic view of corporate performance. While noting that neither traditional financial reporting nor…
Since the 1930s, we have looked at things through a financial lens, and I'm afraid that cannot pertain in the changed world of the 21st…
In Brief As more and more companies begin to devote serious attention to sustainability reporting, many different systems of rating the depth and effectiveness of…
Transforming Integrated Reporting into Integrated Information Management
A Proposal For Management Accountants
According to the International Integrated Reporting Council (IIRC), “Sustainability reporting is central to integrated reporting. Robust sustainability metrics are included in integrated reports, based on…
Many of the things I'll talk about today are contained my book, The Chief Value Officer, which is based on the principle that a CFO today…
Editor's Note: The following guidance applies to non–publicly held entities. Guidance for SEC issuers under PCAOB standards may differ. Agreed-upon procedures engagements are a special type…
The word “sustainability” can have a lot of definitions. We can think about sustainability from an environmental perspective, but we can also think about sustainability…
Sustainability Assurance: Creating Value through Integrated Thinking
The Second Annual NYSSCPA—Hedge Fund Roundtable Sustainability Investment Leadership Conference
Held in New York City on May 17, the Second Annual NYSSCPA—Hedge Fund Roundtable Sustainability Investment Leadership Conference dug deeper and expanded further than last…
In “Serving the Public Interest—Promoting Better Government Reporting and Sustainable Corporate Governance” (April 2017), Editor-in-Chief Richard Kravitz states, “I would argue that [external] auditors have…
Ever since the double-entry bookkeeping system was created in 1340, accountants and business owners have been focused on the fidelity of financial reporting systems. The…
While the first “thinking machine” was invented in the 1940s, it took a good 30 years before computers were small and affordable enough to become…
Sifting through the Internet to find the answer to a specific question can be a daunting task. This article compiles some of the most useful…
There was a time in America, and in accounting, when loyalty was the most important contract employees and employers had with each other. The employee…
As information providers, accounting professionals are at the forefront of applying new technologies and resources to practice issues. The SEC has made use of data…
Fraud prevention is a critical and ongoing consideration for companies all over the world. According to the 2016 Report to the Nations on Occupational Fraud and…
I grew up in New Jersey as a typical kid who played sports, followed the local teams, and watched comedy on TV at night while…
Recent Trends in Reporting Non-GAAP Income
An Example from Social Media Companies
In May 2016, the SEC issued new Compliance and Disclosure Interpretations (CDI) and modified others to revise its guidance on the reporting of non-GAAP financial…
Starting a Business from Home
Legal, Tax, and Financial Concerns
It is easy for just about anyone to start a business from home. Whether people have left an office job because of downsizing or retirement,…
The Coming Disruption of Drones, Robots, and Bots
How Will It Affect CPAs and Accounting Practice?
Drones, mechanical robots, and robotic software processes are augmenting, assisting, and, in some cases, replacing human workers in almost every industry. The common assumption that…
Over the past eight years, financial professionals' interest in bitcoin and other digital currencies has increased, and now regulators have taken notice. The federal government…
Poland began its transition to capitalism upon the collapse of the Soviet Union in 1991. At the time, the Polish Securities and Exchange Commission (PSEC),…
New York State recently adopted a “first-in-the-nation” set of cybersecurity compliance requirements that impact any businesses or organizations that report to the Department of Financial…
In Brief Use of the term “big data” has become as pervasive as the phenomenon itself. The authors attempt to define the term as it…
The Chief Information Security Officer
The New CFO of Information Security
Traditionally, CPAs have considered the chief financial officer (CFO) as the guardian of a business's organizational data. It was and remains the CFO's responsibility to…