As recently illustrated by the hack of Sony, ineffective cybersecurity measures can pose significant risks to a company. Many companies don’t have the technical skills to prepare for cyber-attacks; and even if they do, they are at an inherent disadvantage. Cyber-criminals … Continue reading
Monthly Archives: December 2014
Changes in the Useful Lives of Depreciable Assets
Accounting estimates continue to be a hot topic in the industry – for regulators, auditors, corporations, and investors alike. Investors are as concerned with current, relevant information as ever, but today’s corporations aren’t quite like the staid manufacturers of a few … Continue reading
2014 SEC Comment Letters: Trends and Issues
The number of SEC comment letters regarding 10-Ks and 10-Qs issued during the first six months of 2014 decreased about 25% compared to the same period in 2013. The SEC is required to review each registrant’s financial statements at least once … Continue reading