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ESG Enforcement Emerges as Risk for Oil Firms, Bitcoin Miners

An SEC enforcement initiative targeting misleading ESG disclosures has become a business risk for dozen of public companies, including bankrupt Bitcoin miner Core Scientific, shale oil producer Pioneer Natural Resources and banking giant Ally.

Sustainability Rulemaker to Monitor Global Climate Guidelines

The International Sustainability Standards Board said Monday that it would assume responsibility for monitoring climate reporting guidelines set by global regulators.

States, Cities Get Accounting Guidance on Leases, Software

States, cities, and local governments got some extra guidance Monday on how to tackle certain lease accounting and subscription-based information technology accounting questions.

Thai SEC Directs Stark to Submit Special Audit Report by July 17

Thailand’s Securities and Exchange Commission orders embattled Stark Corporation Pcl to submit its “extended-scope special audit” report by July 17 and disclose the same through the Stock Exchange of Thailand’s website.

New Zealand May Give Some Firms More Time to File Climate Report

NZ’s Financial Markets Authority is seeking feedback on a plan to allow some businesses more time to report on how they are responding to climate change, according to emailed statement.

Latest Stories

Week in Insights: Fireworks Taxes Internalize an Externality

This week, our experts covered topics ranging from Wisconsin’s repeal of its business personal property tax to Canada’s proposed new transfer pricing rules. For a look at the latest commentary and analysis, check out our weekly roundup.

China Ends Tech Crackdown With Fines on Tencent, Ant Group

China imposed more than $1 billion in fines on tech giants Ant Group Co. and Tencent Holdings Ltd., signalling an end to a crackdown on the sector that had wiped out billions in market value and derailed the world’s biggest initial public offering.

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Bitcoin ETF Applicants Undaunted by SEC Pushback: Crypto in DC

BlackRock Inc. and Valkyrie refiled their application for an exchange-traded fund that invests directly in Bitcoin, shoring up their filings after the Securities and Exchange Commission indicated the recent wave of requests seeking to launch such a product were insufficient.

Bitcoin ‘Halving’ Risks Sinking Already-Struggling Miners

Crypto enthusiasts are hopeful that a once-in-four-years event which rewrites the underlying code of the world’s biggest cryptocurrency will extend the current market rally. But the milestone also risks sounding the death knell for certain Bitcoin miners.

Black Tax Pro Highlights Benefits of Small Business

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