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

Turning Financial Statements into an Oversight ToolFeatured

Article

Turning Financial Statements into an Oversight Tool
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.
              Why You Need a Data Warehouse: What It Is and How Can It Help
              Article
              February 27, 2023
              Why You Need a Data Warehouse: What It Is and How Can It Help
                February 27, 2023
                Why You Need a Data Warehouse: What It Is and How Can It Help

                How can business leaders distill meaning from the data flooding their organizations, sharpening information gleaned from across the company into informed strategy?
                  Relief for Common Control Leasing Arrangements is Almost Here
                  Article
                  February 21, 2023
                  Relief for Common Control Leasing Arrangements is Almost Here
                    February 21, 2023
                    Relief for Common Control Leasing Arrangements is Almost Here

                    The Financial Accounting Standards Board (FASB) recently voted to approve an update to Accounting Standards Codification (ASC) Topic 842, Leases.
                      FASB Extends Expedient for Reference Rate Reform
                      Article
                      January 10, 2023
                      FASB Extends Expedient for Reference Rate Reform
                        January 10, 2023
                        FASB Extends Expedient for Reference Rate Reform

                        Reference rate reform is one of the important changes to monitor. Get more information as FASB extends expedient for reference rate reform.
                          Accounting for Natural Disasters in the Wake of Hurricane Ian
                          Article
                          November 21, 2022
                          Accounting for Natural Disasters in the Wake of Hurricane Ian
                            November 21, 2022
                            Accounting for Natural Disasters in the Wake of Hurricane Ian

                            CFOs have to ensure business interruptions are taken care of after a natural disaster. See what your business interruption plan should cover.
                              Cryptocurrency News Explained: FASB Agrees on Accounting for Digital Assets
                              Article
                              October 18, 2022
                              Cryptocurrency News Explained: FASB Agrees on Accounting for Digital Assets
                                October 18, 2022
                                Cryptocurrency News Explained: FASB Agrees on Accounting for Digital Assets

                                The crypto world is abuzz after the Financial Accounting Standards Board’s (FASB) momentous vote to propose that bitcoin and similar digital assets should be measured at fair value.
                                  4 Ways the CFO Role Has Changed (And What to Do About It)
                                  Article
                                  October 04, 2022
                                  4 Ways the CFO Role Has Changed (And What to Do About It)
                                    October 04, 2022
                                    4 Ways the CFO Role Has Changed (And What to Do About It)

                                    The CFO role has seen plenty of changes with cultural and economic shifts. Here are some key changes that have impacted CFO roles and responsibilities.
                                      What Nonprofits Need to Know About Cryptocurrency
                                      Article
                                      September 23, 2022
                                      What Nonprofits Need to Know About Cryptocurrency
                                        September 23, 2022
                                        What Nonprofits Need to Know About Cryptocurrency

                                        Cryptocurrency donations can come with complicated tax situations for nonprofits. Learn what it is, its benefits & IRS requirements for digital asset donations.
                                          4 Reasons Private Companies Should Care About ESG
                                          Article
                                          September 06, 2022
                                          4 Reasons Private Companies Should Care About ESG
                                            September 06, 2022
                                            4 Reasons Private Companies Should Care About ESG

                                            By now, ESG is an acronym that every business leader should recognize. That’s because environmental, social, and governance (ESG) programs have become increasingly common across the business landscape, regardless of industry.
                                              So, You’ve Implemented ASC 842; Now What?
                                              Article
                                              August 30, 2022
                                              So, You’ve Implemented ASC 842; Now What?
                                                August 30, 2022
                                                So, You’ve Implemented ASC 842; Now What?

                                                Just like your car, your lease portfolio and the checks-and-balances for the accounting standard require tune-ups and check-ins. Here’s a run-down of some things to consider​.
                                                  Key Considerations During an M&A: After the Acquisition
                                                  Article
                                                  August 30, 2022
                                                  Key Considerations During an M&A: After the Acquisition
                                                    August 30, 2022
                                                    Key Considerations During an M&A: After the Acquisition

                                                    Explore key post-acquisition strategies for CFOs, including financial integration, talent management, and cultural alignment for successful M&A transitions.

                                                      Leasehold Improvements: How to Determine the Accounting Owner
                                                      Article
                                                      August 16, 2022
                                                      Leasehold Improvements: How to Determine the Accounting Owner
                                                        August 16, 2022
                                                        Leasehold Improvements: How to Determine the Accounting Owner

                                                        Determining the ownership of assets for leasehold improvements is vital for any company leasing space because it directly impacts leasehold accounting.
                                                          Finding the “E” in R&D: Tackling Innovation in an ESG Culture
                                                          Article
                                                          August 02, 2022
                                                          Finding the “E” in R&D: Tackling Innovation in an ESG Culture
                                                            August 02, 2022
                                                            Finding the “E” in R&D: Tackling Innovation in an ESG Culture

                                                            In today’s business climate, being a good corporate citizen is more important than ever, with companies being held accountable for their impact on society and the environment.