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Top 5 SEC Enforcement Developments

Harvard Corporate Governance

In order to provide an overview for busy in-house counsel and compliance professionals, we summarize below some of the most important SEC enforcement developments from the past month, with links to primary resources. SEC Holds Chief Compliance Officer (CCO) Liable for Failing to Implement Policies and Procedures.

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SEC Files Fraud Complaint over False Safety Claims

Harvard Corporate Governance

The Task Force uses sophisticated data analysis to mine and assess information across registrants, and to identify potential violations including material gaps or misstatements in issuers’ disclosure of climate risks under existing rules and disclosure and compliance issues relating to advisers’ and funds’ ESG strategies. [3].

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The IRS Cracks Down on Non-filers: A Growing Problem for Tax Compliance

ThomsonReuters

To address this issue, the IRS is now taking steps to improve non-filer compliance. This renewed focus on non-filer compliance programs is a positive move towards reducing the gap in unpaid taxes and promoting tax compliance. You can also visit our hub pages to learn more about IRS Audit and tax compliance.

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How technology has impacted accounting—from compliance to strategy

ThomsonReuters

This shift outside of traditional tax compliance positions accountants as trusted advisors or consultants to individuals and businesses. The future of the accounting industry is a shift to providing tax strategy, data analysis, and advisory services.

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How AI transformed the tax and accounting profession in 2023

ThomsonReuters

By automating these mundane tasks, tax professionals can allocate more time to strategic planning, analysis, and providing valuable insights to their clients. Enhanced data analysis AI has brought about a paradigm shift in data analysis within the tax and accounting profession.

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Embracing technology to simplify ESG compliance

ThomsonReuters

← Blog home In an era where corporate sustainability is not just a buzzword but a business imperative, new reporting directives from the European Union (EU) pose significant challenges for companies aiming to maintain robust Environmental, Social, and Governance (ESG) compliance.

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AuditBoard Receives Top Ratings in G2 Spring 2022 Grid Reports

Audit Board

LOS ANGELES, CA - April 5, 2022 – AuditBoard , the leading cloud-based platform transforming audit, risk, and compliance management, today announced it has once again been rated as the Market Leader in the Audit Management and GRC Spring 2022 Grid Reports from G2.com