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PwC working with SASB on XBRL taxonomy while developing ESG app

PricewaterhouseCoopers is teaming up with the Sustainability Accounting Standards Board on translating its standards into Extensible Business Reporting Language, while also rolling out its own ESG Pulse application for environmental, social and governance reporting at companies.

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SEC loosens auditor independence rules

The Securities and Exchange Commission voted to adopt amendments to its longstanding auditor independence requirements, relaxing restrictions on relationships between auditors and their clients as part of a deregulatory push by the SEC in recent years.

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PCAOB board member blasts agenda change

J. Robert Brown criticized recent moves by the Public Company Accounting Oversight Board to strip down its research and standard-setting agendas without proper consultation.

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Top 10 ways companies cook the books

With the recent economic slowdown, companies are under increased pressure to show stability, or even growth, and paint a rosy picture for investors.

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Hertz’s ex-CEO will repay $2M over misstatements in 2013

Mark Frissora will return nearly $2 million in incentive-based compensation to settle a U.S. regulator’s claims that he played a key role in causing the now-bankrupt car-rental company to file inaccurate financial statements in 2013.

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