FASB sets compliance clock for new expense disclosure rules; HP taps former JP Morgan executive as CFO; Judge freezes ex-Detroit Riverfront CFO’s assets including boat, real estate; Owens & Minor CFO resigns at company request
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Compiling data to comply will take “quite a bit of company resources,” said Nicole Wright, an associate professor of accounting at James Madison University.
The former finance chief of the Detroit Riverfront Conservancy faces criminal charges of bank and wire fraud in connection with a $40 million embezzlement scheme.
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