Just because fair-value accounting is favored by accountants does not mean that it is ideal.

XBRL,a new way of organizing financial and business data, transcends language, systems, and software.

Andrew Breitbart’s heart was too big to fail, but it did anyway.

This event will discuss the role Sarbanes-Oxley played in the financial crisis.

Perceptions of uncertain future events like credit safety or credit risk are inherently subjective and highly influenced by the views of all the others who are doing what you are doing.

In November 2003, fifty-seven specialists in accounting and accounting policy participated in a three-day discussion on the future of the accounting industry. The result of this discussion was broad agreement that major changes were necessary in what accountants are asked to certify and in the public perception of financial statements...

“Independence” is a central corporate governance idea in the discussions of the Sarbanes-Oxley era. But have the SEC, public companies, mutual funds, stock exchanges, accountants, and proxy advisers gotten carried away by the pursuit of independence? What are its limitations and does it interfere with other essential elements of governance,...

There's a lot to deplore about President Obama's proposed military drawdown, but here's a possible silver lining: It may finally force the Pentagon to stop buying weapons and equipment in the wasteful way it has since the 1960s.