April 30 - Harley-Davidson proxy battle heats up | FASB environment proposal draws pushback
FASB’s draft rules could harm environmental credit markets, EDF says; PCAOB chair ‘deeply troubled’ by GOP proposal to abolish agency; Nearly 6 out of 10 workers admit making AI-fueled errors; Tariff turmoil could open door for vendor fraud, experts say
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The FASB is proposing specific accounting standards for carbon offsets and other climate-related credits and obligations, an area where GAAP is now effectively silent.
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The situation is reminiscent of the COVID-19 pandemic, which triggered “urgent vendor sourcing and payment pressures for companies,” a treasury expert said.
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