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Harmonization of GAAP and IFRS

Two committees of the American Accounting Association have produced detailed reports evaluating the SEC’s proposal to accept financial statements prepared in accordance with International Financial...

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Impact of Accounting Choices on Performance Evaluation

Posted by Jim Naughton, co-editor, HLS Forum on Corporate Governance and Financial Regulation, on Friday, April 17, 2009 Editor's Note: This post comes from Joanna Shuang Wu of the University of...

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Do Analysts Understand Street Earnings?

Posted by Jim Naughton, co-editor, HLS Forum on Corporate Governance and Financial Regulation, on Wednesday, September 16, 2009 Editor's Note: This post comes to us from Chih-Ying Chen of Singapore...

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SEC Brings First Regulation G Enforcement Action

Posted by David A. Katz, Wachtell, Lipton, Rosen & Katz, on Saturday, December 5, 2009 Editor's Note: David A. Katz is a partner at Wachtell, Lipton, Rosen & Katz specializing in the areas of...

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Are International Accounting Standards-Based and US GAAP-Based Accounting...

Posted by R. Christopher Small, Co-editor, HLS Forum on Corporate Governance and Financial Regulation, on Friday, May 21, 2010 Editor's Note: This post comes to us from Mary Barth, Professor of...

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How Did Financial Reporting Contribute to the Financial Crisis?

Posted by R. Christopher Small, Co-editor, HLS Forum on Corporate Governance and Financial Regulation, on Tuesday, July 6, 2010 Editor's Note: This post comes to us from Mary Barth, Professor of...

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Non-GAAP and Street Earnings

Posted by R. Christopher Small, Co-editor, HLS Forum on Corporate Governance and Financial Regulation, on Monday, November 15, 2010 Editor's Note: The following post comes to us from Mary Barth,...

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Accounting Standards and Debt Covenants

Posted by R. Christopher Small, Co-editor, HLS Forum on Corporate Governance and Financial Regulation, on Monday, September 26, 2011 Editor's Note: The following post comes to us from Peter Demerjian...

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Managerial Investment and Changes in GAAP

Posted by R. Christopher Small, Co-editor, HLS Forum on Corporate Governance and Financial Regulation, on Friday, February 10, 2012 Editor's Note: The following post comes to us from Nemit Shroff of...

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Fair Value Accounting for Financial Instruments

Posted by R. Christopher Small, Co-editor, HLS Forum on Corporate Governance and Financial Regulation, on Tuesday, November 6, 2012 Editor's Note: The following post comes to us from Elizabeth...

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Risk Modeling at the SEC: The Accounting Quality Model

Editor’s Note: The following post comes to us from Craig M. Lewis, Chief Economist and Director of the Division of Risk, Strategy, and Financial Innovation at the U.S. Securities & Exchange...

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Disclosure of Non-GAAP Financial Measures

Posted by Noam Noked, co-editor, HLS Forum on Corporate Governance and Financial Regulation, on Thursday, May 23, 2013 Editor's Note: The following post comes to us from David J. Goldschmidt, partner...

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The Misrepresentation of Earnings

Posted by R. Christopher Small, Co-editor, HLS Forum on Corporate Governance and Financial Regulation, on Thursday, April 3, 2014 Editor's Note: The following post comes to us from Ilia Dichev,...

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Accounting Class Action Filings and Settlements—2013 Review

Posted by John Gould, Cornerstone Research, on Saturday, May 24, 2014 Editor's Note: John Gould is senior vice president at Cornerstone Research. This post discusses a Cornerstone Research report,...

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Whose Trojan Horse? The Dynamics of Resistance against IFRS

Posted by June Rhee, Co-editor, HLS Forum on Corporate Governance and Financial Regulation, on Thursday, June 5, 2014 Editor's Note: The following post comes to us from Martin Gelter, Associate...

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How America’s Participation in International Financial Reporting Standards...

Posted by Chris Cox, Bingham McCutchen LLP, on Wednesday, June 11, 2014 Editor's Note: Chris Cox is partner and member of the Corporate Practice Group at Bingham McCutchen LLP and president of Bingham...

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Audit Committees: 2015 Mid-Year Issues Update

Posted by Rick E. Hansen, Chevron Corporation, on Tuesday, June 16, 2015 Editor's Note: Rick E. Hansen is Assistant Corporate Secretary and Managing Counsel, Corporate Governance, at Chevron...

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SEC Charges Computer Sciences Corporation & Former Executives With Accounting...

Posted by Nicholas S. Goldin and Yafit Cohn, Simpson Thacher & Bartlett LLP, on Thursday, July 23, 2015 Editor's Note: Nicholas S. Goldin is a partner and Yafit Cohn is an associate at Simpson...

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Circuit Split on Dodd-Frank Act Whistleblower Provision

Posted by Aaron M. Katz and Eva Ciko Carman, Ropes & Gray LLP, on Wednesday, September 16, 2015 Editor's Note: Aaron M. Katz and Eva Ciko Carman are partners at Ropes & Gray LLP. This post is...

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Omnicare in Action: City of Westland Decision

Posted by Aric H. Wu, Gibson, Dunn & Crutcher LLP, on Thursday, October 15, 2015 Editor's Note: Aric H. Wu is a partner at Gibson, Dunn & Crutcher LLP. This post is based on a Gibson Dunn...

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