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International Accounting

Does New FCPA Guidance Diminish Your Danger?
The recently issued, official guidance on the Foreign Corrupt Practices Act, along with the prosecution of several high-profile FCPA cases, has returned the issues of bribery and corruption to the "front burner" at many businesses. Goodwin Procter's Richard Strassberg explains why the law's imposition of civil and criminal liability poses a personal threat for financial executives


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Weekly Newsletter
Online CPE

updated 12/15

  News & Insights

This Week in the SmartPros News & Insights Newsletter
Newsline: IRS sets Penalties for Not Getting Healthcare Insurance Under ACA CPE: The Lesson from Financial Literacy: Frugality Isn't Cheap Book Pick: Make Change Work: From Smart to Wise: Acting and Leading With Wisdom

Caterpillar Taking Charge for China Mismanagement
Caterpillar Inc. says it has found evidence of deliberate "accounting misconduct" at a recently acquired company in China.

FASB Issues XBRL Implementation Guide for Subsequent Events
The Financial Accounting Standards Board (FASB) recently issued the first in a series of XBRL Implementation Guides, which are designed to help Taxonomy users understand how certain disclosures are structured within the Taxonomy.

Report: US Investigating Trading in Heinz Deal
U.S. regulators have opened an insider trading inquiry on the $23 billion acquisition of H.J. Heinz, according to a publish report.

Dispute raises doubt for China stocks in US market
A mounting dispute between Washington and Beijing over access to records of Chinese companies with U.S.-traded shares might force major corporate names such as oil giant PetroChina and search engine Baidu to withdraw from American stock exchanges.

IPEV Board Releases Updated Private Equity and Venture Capital Valuation Guidelines
The International Private Equity and Venture Capital Valuation Guidelines Board (IPEV Board) released Updated Private Equity and Venture Capital Valuation Guidelines.

North American Enterprises Suffer As a Consequence of Software Development Constraints and Failures
More than half of respondents in the North American ‘Business Benefits of Service Virtualization’ study unveiled by CA Technologies claim that customer-facing applications are delayed as a result of endemic constraints within the software development and testing environment including limited access to infrastructure, databases and undeveloped applications.

Public Cloud Services Are Simultaneously Cannibalizing and Stimulating Demand for External IT Services Spending
Public cloud services are simultaneously cannibalizing and stimulating demand for external IT services spending


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