US Audit Board Votes to Halve Leaders’ Pay, Cut Budget 9%

The US audit board adopted an operating budget for next year that slashes its funding by 9% and extracts steep salary cuts for board members and other top staff.

CFO Confidence Climbs to Four-Year High as Risk Appetite Swells

North American financial executives’ confidence in economic and business conditions hit its highest point in four years, according to Deloitte survey results.

Beyond Meat Terminates Controller as CFO Steps in for Duties

Beyond Meat Inc. has dismissed its controller following the plant-based protein company’s disclosure last month that it was taking steps to address “material weakness” in its internal financial reporting safeguards.

Tricolor’s Excel Guy Failed to Fix Numbers in Alleged Fraud

It was, according to Daniel Chu, “the stupidest f—-ing thing [he had] ever heard.”

WH Smith Faces FCA Probe Over Accounting and Cuts Dividend

WH Smith Plc is under investigation by the UK’s Financial Conduct Authority over the accounting error in its North American business that triggered a stock slump and the resignation of its chief executive officer.

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US Attorney Dropped FIFA Bribery Case at Trump Official’s Behest

The Justice Department’s solicitor general effectively ordered Brooklyn prosecutors to abandon two FIFA bribery convictions amid pushback from their Trump-appointed US attorney—potentially unraveling dozens of other international soccer corruption cases and hundreds of millions of dollars in recovered penalties.

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EU Governments Agree on Digital Euro in Key Step for Project

European Union governments agreed on a common position on the digital euro, marking an important milestone for the project that’s seen as crucial for the bloc’s monetary sovereignty and the joint currency’s global role as the US touts dollar-denominated stablecoins.

Why GOP Lawmakers Are Targeting the US Audit Board

SEC Top Accountant Talks Banking Crisis, Audit Worries

'Data Nerd’ Regulator Preps for Digital Auditing Future

How 40 Years of Tax Cuts Have Exacerbated Inequality

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