I lunched with Christopher Cox (kinda).
Tags: Christopher Cox, SEC
Archive for the ‘Business’ Category
July 23, 2010
1
Tax “practitioner” uses fake tax theories to get refunds for clients
By Michael Doan in BusinessTax preparer uses fake tax theories to get refunds for his clients.
Tags: Tax
July 23, 2010
0
“Accredited Investor” definition changes with Wall Street Reform Act
By Michael Doan in BusinessThe Dodd-Frank Wall Street Reform and Consumer Protection Act changes the definition of “accredited investor”.
Tags: SEC
July 23, 2010
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Bond rating disclosure law: SEC grants six month deferral
By Michael Doan in Accounting, BusinessThe new financial reform law requires issuers of asset-back bonds to disclose their credit rankings. The SEC has granted a 6 month deferral for this requirement.
Tags: SEC
July 22, 2010
0
Dell pays $100MM to SEC for lack of disclosure
By Michael Doan in Accounting, Business
July 6, 2010
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Proposed Accounting Standards Update may make it more difficult to get a bank loan
By Michael Doan in AccountingIn the current economic environment, its difficult to obtain a bank loan or a line of credit. Businesses fortunate enough to have a line of credit worry about having their line pulled as bank credit managers continually tighten their lending requirements to keep their reserve ratios up with regulatory demands. A recently proposed Accounting Standards [...]
Tags: Accounting, ASU, FASB, IFRS, ISAB
July 6, 2010
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Say-on-Pay Provision of Wall Street Reform Bill affects Company Reporting
By Michael Doan in AccountingThe Dodd-Frank Wall Street Reform and Consumer Protection Act, will have an impact on public companies. The bill, if passed, calls for shareholder votes (PDF) on executive compensation. The “say-on-pay” provision of the bill may alter the annual proxy process. The bill calls for hareholder votes on executive pay to take place within six months [...]
Tags: SEC
July 6, 2010
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Interesting PCAOB fact
By Michael Doan in AccountingThe Public Company Accounting Oversight Board is not formally a government agency. As such, they don’t have to adhere to government pay schedules. This means that board members are paid more that $500,000 per year. Not a bad job if you can get it. Posted via email from Michael Doan
Tags: PCAOB