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Pending Obamacare Enrollment, 2014 Employer Costs May Jump

Benefits consultancy Mercer says employers may see higher costs in 2014 due to an influx of additional workers wanting coverage related to the mandates of the Affordable Care Act.

Pharma & Healthcare

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Who's Paying for JPMorgan's Settlements?

It's sort of funny to read that JPMorgan "plans to keep overall compensation roughly flat this year from last year, in a sign that employees will feel at least some pain from the bank's recent legal settlements."

Opinions, Wall Street

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The hacker hunters

Somewhere deep within PwC’s doughnut-shaped headquarters in the shadow of London’s Tower Bridge, a projection flickers on the whitewashed wall of a meeting room. Its uniform multicoloured dots form an image...

Corporate Cyber Defence

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Cookie Monster crumbles

To market anything that might appeal to young consumers is to risk a scolding. Advertising entices children to drink and smoke, makes them fat and sexualises them early, its critics allege. To tout even wholesome products to children, some claim, is to exploit their naivety and thus to deceive them.

From the print edition, The Economist

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PCAOB Issues Staff Audit Practice Alert in Light of Deficiencies Observed in Audits of Internal Control Over Financial Reporting

The Public Company Accounting Oversight Board today issued a Staff Audit Practice Alert in light of a significant number of audit deficiencies observed in the past three years related to audits of internal control over financial reporting (ICFR).

The Public Company Accounting Oversight Board

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Washington Legislature Passes Aerospace Tax Breaks

It was a turbulent week in Washington State. On November 9, in an effort to secure in-state production of Boeing’s new 777X jet, the legislature voted during a special session to adopt and extend a series of tax incentives for the aerospace industry.

Pharma & Healthcare

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Book Smarts: Accounting for Deferred Compensation Plans

With the economy improving, many companies, including credit unions, are evaluating their benefit plans. One particular area of focus is deferred compensation plans.

Financial Institutions Practice

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SEC Adopts Rules Affecting Broker-Dealers

In its continuing efforts to protect investors, on July 31 the SEC announced a series of new rules as well as amendments to existing rules that will alter the way broker-dealers conduct business.

SEC Rules

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FISMA 4: New Threats Mean Tighter Controls

The Federal Information Security Management Act was developed in recognition of the significance and reliance the nation places on information systems for both economic and national security viability.

FISMA Guidance

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PCAOB Issues New Audit and Attest Standards for Broker-Dealers

Financial regulators have taken another step forward in rolling out the provisions of the Dodd-Frank Act. On October 10 the Public Company Accounting Oversight Board (PCAOB) announced the adoption of two attestation standards for the regulatory reporting of broker-dealers...

The Public Company Accounting Oversight Board

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FASB and IASB to form joint transition resource group for revenue recognition

Norwalk, CT and London, UK—The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) today formally announced plans to create a joint transition resource group focused on the upcoming final converged standard on revenue recognition.

Financial Accounting Standards Board (FASB)