- SEC Commissioner Hester Peirce said at a gathering of institutional investors that she does not agree with their push for disclosures about corporate board members’ personal characteristics. She is worried about unintended consequences of such disclosures, including invasion of board directors’ privacy.
- With less than a year before publicly traded companies must start applying the FASB’s new credit losses standard, several business groups led by the U.S. Chamber of Commerce asked the SEC and the board to delay the effective date of 2020. The banking industry in the past several months has been lobbying for a delay to no avail, and now business groups that represent all industries have banded together in the hopes that the FASB will change its mind.
- The Opportunity Zone (OZ) program continues to gain momentum. Are you ready to take advantage?
- Commercial real estate companies face a serious problem: paperwork. Director of Innovation Waqqas Mahmood talks with Bisnow on ways that Robotic Process Automation can help.
- The FASB voted to issue a proposal about incorporating various SEC disclosure rules into GAAP. The work would simplify compliance without significantly altering the total mix of information provided to investors.