INVESTOR CONSIDERATIONS REGARDING NON-GAAP MEASURES
SEC ALLOWS RECONCILIATION OF NON-GAAP MEASURES TO “ESTIMATES OF GAAP MEASURES”
Alongside the 25 March 2020 Securities and Exchange Commission (SEC) order allowing conditional deferral… READ MORE ›
Asia firms urged to be more transparent and informative on ESG disclosure
As environmental, social and governance (ESG) considerations move increasingly into the mainstream of investment, companies in Asia are waking up to the… READ MORE ›
The Systemic Risk Council, sponsored by CFA Institute, says the Covid-19 crisis does not need to lead to an economic meltdown. It calls on the authorities of the major economies to work together… READ MORE ›
Will US companies report? Can US companies report? Does quarterly reporting present a unique challenge for US public companies?
What were the issues that led to the spectacular downfall of Neil Woodford and the investment management firm he founded? And what can the investment industry learn from this most recent scandal?
The fact that auditors are not required to predict corporate failure or explicitly detect fraudulent activity has led to a buildup of complacency in audits, whereby red flags are ignored altogether. Consequently, the audit industry’s focus has shifted to improve audit efficiency over audit quality.
Financial reporting trying to achieve ‘neutrality’ and ‘prudence’ distorts reality and is helpful to no one.
In recent weeks the Securities and Exchange Commission (SEC) has proposed regulations that in our view will undermine financial analyst independence. As an organization with long-standing leadership on analyst ethics and need for professional independence, we, CFA… READ MORE ›
A new comment letter from CFA Institute to the Financial Accounting Standards Board (FASB) demonstrates the value of using structured data to inform debate and support policy decisions.
The financial world doesn't seem to have a replacement for LIBOR ready.
Recent business failures in the United Kingdom and the related media attention again have raised the question of audit quality.
CFA Institute has long supported and advocated for one set of high-quality financial reporting standards for both public and private companies.
A few weeks ago, the new European Commission, led by Ursula von der Leyen, rolled out its first package of measures, called the European Green Deal.
CFA Institute has supported the European Securities and Markets Authority’s (ESMA) efforts to establish a European Single Electronic Format (ESEF).
Test your knowledge of the CFA Institute Code of Ethics and Standards of Professional Conduct and practice your ethical decision making by working through the case below and supporting your answer choice in the conversation. Check back for the analysis posted later in the week.