Financial Information Should Be Mandated by the SEC I have previously blogged about the importance of disclosing issues related to corporate social responsibility (CSR) in the financial statements or some other form of reporting. The SEC has examined the potential economic effects of mandated disclosure and reporting standards for CSR,... Read more →

Climate Change: The New Kid on the Block information to make informed judgments about the financial condition of companies. This includes events that create possible future obligations based on the outcome of current events where it is not known with certainty whether the outcome will create a liability for a... Read more →

Accounting and Ethics Guidance Overview In the first enforcement action of its kind, the U.S. Securities and Exchange Commission says The Cheesecake Factory falsely claimed its restaurants were "operating sustainably" during the pandemic and it failed to disclose the whole truth about the impact on its business. According to the... Read more →