Legal News

SEC Staff Releases Progress Report on Global Accounting Standards Work Plan
The SEC's Office of the Chief Accountant and Division of Corporation Finance today published their first progress report on the Work Plan related to global accounting standards. The Commission directed agency staff earlier this year to execute the Work Plan...

Global Accounting Standards: No Convergence for 10-15 Years
Global Accounting Standards: No Convergence for 10-15 Years? As noted in this CFO.com article, FASB Chair Bob Herz noted in a recent Financial Crisis Advisory Group meeting, consisting of accounting regulators from around the world, how hard it would be...

Big Changes Afoot at U.S. Financial Accounting Standards BoardSubmitted by: Marc Siegel, Head of Research
Yesterday, the group that oversees the U.S. Financial Accounting Standards Board (FASB) voted to enact some sweeping changes to how standard setting will be accomplished in the future...

"Accounting Standards and Litigation Contingencies"
Cornell accounting professor Robert Bloomfield (via Kenneth Anderson at Volokh) is soliciting reader input on how accounting standards should recognize litigation contingencies, a topic of much controversy earlier this year following initiatives from the FASB (Financial Accounting Standards Board), which...

International Financial Reporting Standards (IFRS) Could be Used by US Companies As Soon as Next YearSubmitted by: Marc Siegel, Headof Accounting Research
The US Securities and Exchange Commission voted unanimously yesterday (5-0) to propose a ?roadmap? to what has been termed accounting convergence. The proposal provides a timetable toward the lofty goal of a single set of global accounting standards...

SEC Completes Report on Mark-to-Market Accounting
The SEC delivered to Congress its Report and Recommendations Pursuant to Section 133 of the Emergency Economic Stabilization Act of 2008: Study on Mark-To-Market Accounting that recommends against the suspension of fair value accounting standards...

Work Visas
Types of work permits

Temporary Work Visas
Differences Between H-1B, J-1, E-1, E-2, L-1, and R-1 Work Visas

Mitchell Report Summary
Report on Steroid Drug Use in Major League Baseball by Senator George Mitchell

Traditional and Roth 401Ks
Selecting the right Retirement Plan

H&R Block Retirement Plan Fraud
How to Join Class Action Suit

H-1B Work Visa
H-1B Visa Assistance

Accounting Malpractice - Accountant Malpractice, Accounting Malpractice Lawsuit
Accounting Malpractice alleging financial malpractice by accountants.

Arkansas Nucor Plant Guilty of a Racially Hostile Work Environment
Nucor Guilty Of Racially Hostile Work Environment Must Pay $1.2 Million Settlement

Bank Website Security
New Report Finds Widespread Flaws

Sunwest Management Inc.
allegedly misled residents about staff and daily care.

Operating Room Fires
Hundreds Injured During Surgery, New Report Shows

Restaurant Staff
Win Lawsuit Suit Against Employer for Infiltrating their MySpace Forum