SEC Advisory Panel Recommends Oversight of U.S. Accounting Rule Maker

Details

Publish Date:

September 21, 2022

Author(s):

Maurer, Mark

Source:

The Wall Street Journal

Related Person(s):

Related Organization(s):

Arthur and Toni Rembe Rock Center for Corporate Governance

Summary

“We’ve seen investors note that over the past decade FASB has focused on simplification projects that primarily benefit issuers rather than investors,” said Colleen Honigsberg, professor of law at Stanford Law School and a member of the Investor Advisory Committee. “These investors have been asking FASB to focus on significant accounting issues that would actually really improve their ability to value a company.”