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Our Audit & Attest Insights keep you informed of the latest news in accounting, audit, tax and advisory.

CBIZ CPAs Responds to the SEC’s Filer Status Simplification ProposalFeatured

Article

CBIZ CPAs Responds to the SEC’s Filer Status Simplification Proposal
Economic Uncertainty Prompts Going-Concern and Impairment Analysis for Real Estate Companies
Article
July 22, 2024
Economic Uncertainty Prompts Going-Concern and Impairment Analysis for Real Estate Companies
    July 22, 2024
    Economic Uncertainty Prompts Going-Concern and Impairment Analysis for Real Estate Companies

    Explore how the changing economic landscape affects real estate companies. From going-concern assessments to asset impairments, find out what real estate financial professionals need to know.
      Employee Benefit Plan Audit Checklist
      Article
      May 17, 2024
      Employee Benefit Plan Audit Checklist
        May 17, 2024
        Employee Benefit Plan Audit Checklist

        Streamline your organization’s annual EBP audit. Our employee benefit plan audit checklist is your key to a hassle-free audit experience. Learn more now.
          Employee Benefit Plan Audit Changes in SECURE 2.0 ACT
          Article
          May 14, 2024
          Employee Benefit Plan Audit Changes in SECURE 2.0 ACT
            May 14, 2024
            Employee Benefit Plan Audit Changes in SECURE 2.0 ACT

            Navigate the latest Employee Benefit Plan Audit Changes in SECURE 2.0 ACT, crucial for adapting to new retirement plan regulations effectively.
              2024 Uniform Guidance Changes: Requirements for Single Audits
              Article
              April 23, 2024
              2024 Uniform Guidance Changes: Requirements for Single Audits
                April 23, 2024
                2024 Uniform Guidance Changes: Requirements for Single Audits

                The Uniform Guidance will now be referred to as the OMB Guidance for Federal Financial Assistance.
                  FASB Clarifies Accounting for Profits Interest Awards
                  Article
                  April 01, 2024
                  FASB Clarifies Accounting for Profits Interest Awards
                    April 01, 2024
                    FASB Clarifies Accounting for Profits Interest Awards

                    The Financial Accounting Standards Board (FASB) has released Accounting Standards Update (ASU) No. 2024-01, Scope Application of Profits Interest and Similar Awards.
                      Improving Oversight: DOL Report Highlights Deficiencies in Employee Benefit Plan Audits
                      Article
                      February 20, 2024
                      Improving Oversight: DOL Report Highlights Deficiencies in Employee Benefit Plan Audits
                        February 20, 2024
                        Improving Oversight: DOL Report Highlights Deficiencies in Employee Benefit Plan Audits

                        In a recent report released by the U.S. Department of Labor (DOL), a spotlight has been cast on the current state of employee benefit plan (EBP) financial statement audits.
                          FASB Enhances Income Tax Disclosures with New Standard
                          Article
                          January 11, 2024
                          FASB Enhances Income Tax Disclosures with New Standard
                            January 11, 2024
                            FASB Enhances Income Tax Disclosures with New Standard

                            The Financial Accounting Standards Board (FASB) has released an Accounting Standards Update (ASU) aimed at improving the transparency of income tax disclosures in response to investor demands for more detailed and useful tax information from companies.
                              FASB Issues Standard 2023-05 to Improve Accounting for Joint Venture Formations
                              Article
                              December 31, 2023
                              FASB Issues Standard 2023-05 to Improve Accounting for Joint Venture Formations
                                December 31, 2023
                                FASB Issues Standard 2023-05 to Improve Accounting for Joint Venture Formations

                                On August 23, 2023, the Financial Accounting Standards Board (FASB) issued Business Combinations – Joint Venture Formations (Subtopic 805-60) to address joint venture formations with respect to business combinations.
                                  Roadmap to Estimating Credit Losses
                                  Article
                                  December 20, 2023
                                  Roadmap to Estimating Credit Losses
                                    December 20, 2023
                                    Roadmap to Estimating Credit Losses

                                    This article explores a roadmap to estimating expected credit losses under the CECL framework and provides a step-by-step guide.
                                      FASB Introduces New Standard for Crypto Asset Accounting and Disclosure
                                      Article
                                      December 20, 2023
                                      FASB Introduces New Standard for Crypto Asset Accounting and Disclosure
                                        December 20, 2023
                                        FASB Introduces New Standard for Crypto Asset Accounting and Disclosure

                                        In a move to enhance the transparency and accuracy of financial reporting for crypto assets, the Financial Accounting Standards Board (FASB) has announced the release of an updated Accounting Standards Update (ASU).
                                          Decoding CECL: Here Are Key Concepts You Need to Know
                                          Article
                                          November 08, 2023
                                          Decoding CECL: Here Are Key Concepts You Need to Know
                                            November 08, 2023
                                            Decoding CECL: Here Are Key Concepts You Need to Know

                                            This article represents the first installment in a series examining the intricacies of the Current Expected Credit Loss (CECL) standard.
                                              Important Changes Affecting Entities With Federally Funded Programs Subject to a Single Audit
                                              Article
                                              September 14, 2023
                                              Important Changes Affecting Entities With Federally Funded Programs Subject to a Single Audit
                                                September 14, 2023
                                                Important Changes Affecting Entities With Federally Funded Programs Subject to a Single Audit

                                                The U.S. OMB issued the 2023 Compliance Supplement with two important changes. Learn how this affects entities with federally funded programs

                                                  Property Improvement Analysis for Building Owners
                                                  Article
                                                  September 11, 2023
                                                  Property Improvement Analysis for Building Owners
                                                    September 11, 2023
                                                    Property Improvement Analysis for Building Owners

                                                    With 100% bonus depreciation phasing out in 2023, taxpayers are reminded of the benefits of Tangible Property Regulations.
                                                      Accounting for Fair Value Amidst Uncertainty: Triggering Events & Other Impairment Updates
                                                      Article
                                                      May 09, 2023
                                                      Accounting for Fair Value Amidst Uncertainty: Triggering Events & Other Impairment Updates
                                                        May 09, 2023
                                                        Accounting for Fair Value Amidst Uncertainty: Triggering Events & Other Impairment Updates

                                                        Today’s economy is marked by volatility, and recessionary potential continues to bloom; this mix of indicators necessitates a focus on accounting for asset impairment.
                                                          ASU 2023-02 Expands Applicability of Guidance on Investments in Tax Credit Structures
                                                          Article
                                                          April 11, 2023
                                                          ASU 2023-02 Expands Applicability of Guidance on Investments in Tax Credit Structures
                                                            April 11, 2023
                                                            ASU 2023-02 Expands Applicability of Guidance on Investments in Tax Credit Structures

                                                            On March 29, 2023, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2023-02.