Insights That Drive Action

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

Beyond the Budget: How Not-for-Profits Can Strengthen Financial Sustainability Amid Funding UncertaintyFeatured

Article

Beyond the Budget: How Not-for-Profits Can Strengthen Financial Sustainability Amid Funding Uncertainty
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.
                                                          What Not-for-Profits Need to Know About Restricted Grants
                                                          Article
                                                          July 27, 2022
                                                          What Not-for-Profits Need to Know About Restricted Grants
                                                            July 27, 2022
                                                            What Not-for-Profits Need to Know About Restricted Grants

                                                            Donor-restricted grants can be a great way to fund your organization, but they can also be challenging. In this article, we’ll look at the details related to restricted grant usage, how to navigate the complexities, and proactive steps you can take to address them in the future.