SEC Enforcement Actions Reveal Continuing Importance of Accurate Disclosures

The SEC recently announced settled charges with Under Armour [NYSE: UAA] related to certain disclosure failures and making misleading statements to investors. The charges were notable, as the SEC enforcement action alleged that Under Armour engaged in manipulative revenue practices … Continue reading

Accountancy Europe Makes Recommendations to Strengthen Going Concern Reporting

In the past few years, the EU has been hit with several high-profile corporate failures and collapses: Carillion, Thomas Cook, Patisserie Valerie. Corporate failure affects not only the related shareholders, but also the confidence the public has in the sustainability … Continue reading

Serving Their Purpose? Insights on Critical + Key Audit Matters

Audit Analytics’ recently released report – Serving Their Purpose? Insights on Critical and Key Audit Matters – provides a comprehensive look at the U.S. and international audit matter standards and the disclosure diversity among audit matters based on the different … Continue reading

A Closer Look into Human Capital Management Disclosures

In 2017, the Human Capital Management Coalition petitioned the SEC to expand disclosures surrounding the human capital management policies, practices, and performance. In response to this request, after significant discussion, the SEC amended Regulation S-K Item 101(c) and required disclosure of … Continue reading