Director Conduct in the Face of Corporate Insolvency - a guest column by David A. Jaffe, Fox Rothschild - In the current economic environment, risk and uncertainty seem to be the dominant themes of the day. While the future remains murky, in hindsight some lessons appear clearly out of the trauma that has engulfed the economy during the past two years. Among the more important lessons is the seemingly obvious notion that events in the financial economy ... More >

SEC Pushes Support for IFRS; New Health Care Law Hits Corporate Earnings; PCAOB Proposes Audit Standard on Communications - On Feb. 24, 2010, the Securities and Exchange Commission (SEC) issued a public statement addressing its work plan going forward related to the convergence of International Financial Reporting Standards (IFRS) with generally accepted accounting principles (GAAP). At the meeting, Chairman Mary Schapiro stated: “US GAAP should be ...   More >