Insights That Drive Action

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
FASB Clarifies and Expands Fair Value Hedge Accounting
Article
July 05, 2022
FASB Clarifies and Expands Fair Value Hedge Accounting
    July 05, 2022
    FASB Clarifies and Expands Fair Value Hedge Accounting

    Given the general complexities of hedge accounting, stakeholders need guidance and clarification as much as possible.
      Transform Your Not-for-profit With Data Analytics
      Article
      June 07, 2022
      Transform Your Not-for-profit With Data Analytics
        June 07, 2022
        Transform Your Not-for-profit With Data Analytics

        Discover how data analytics can help not-for-profits optimize fundraising, improve efficiency, and make informed decisions.
          Updated Guidance for How Healthcare Entities Account for Contributions of Vaccines or other Pharmaceuticals, Medical Supplies or Equipment
          Article
          April 19, 2022
          Updated Guidance for How Healthcare Entities Account for Contributions of Vaccines or other Pharmaceuticals, Medical Supplies or Equipment
            April 19, 2022
            Updated Guidance for How Healthcare Entities Account for Contributions of Vaccines or other Pharmaceuticals, Medical Supplies or Equipment

            Not-for-profit and for-profit health care providers recently received additional accounting guidance for donations of certain types of medical items.
              3 Ongoing Challenges with Revenue Recognition Accounting
              Article
              April 19, 2022
              3 Ongoing Challenges with Revenue Recognition Accounting
                April 19, 2022
                3 Ongoing Challenges with Revenue Recognition Accounting

                When the changes to revenue recognition under ASC Topic 606 were introduced in 2014, it marked one of the most significant accounting changes in history.
                  Accounting Implications Arising from the Russia-Ukraine War
                  Article
                  April 14, 2022
                  Accounting Implications Arising from the Russia-Ukraine War
                    April 14, 2022
                    Accounting Implications Arising from the Russia-Ukraine War

                    The ongoing crisis in Ukraine has sent shockwaves through the global economy, with investors facing an unstable market and the Russian currency taking a sharp dive.
                      What to Know About SAS 136: A New Audit Standard for ERISA
                      Article
                      March 29, 2022
                      What to Know About SAS 136: A New Audit Standard for ERISA
                        March 29, 2022
                        What to Know About SAS 136: A New Audit Standard for ERISA

                        The following provides a recap about what the new standard for ERISA employee benefit plans will mean for plan management and the ERISA Section 103(a)(3)(C) audit process
                          New Reporting and Disclosure Requirements for Contributed Nonfinancial Assets or Contributed Services for Not-for-Profit Organizations
                          Article
                          March 29, 2022
                          New Reporting and Disclosure Requirements for Contributed Nonfinancial Assets or Contributed Services for Not-for-Profit Organizations
                            March 29, 2022
                            New Reporting and Disclosure Requirements for Contributed Nonfinancial Assets or Contributed Services for Not-for-Profit Organizations

                            A September 2020 accounting update will affect accounting for cash donations for not-for-profit organizations.
                              Why Third-Party Risk Assessments are Essential for SOC 2 Reports
                              Article
                              March 22, 2022
                              Why Third-Party Risk Assessments are Essential for SOC 2 Reports
                                March 22, 2022
                                Why Third-Party Risk Assessments are Essential for SOC 2 Reports

                                To get the most out of your investment in a SOC 2 report and truly protect your data, you’ll need a third-party risk assessment.
                                  Why Private Equity and Venture Capital Firms Should Early Adopt This Debt Accounting Update
                                  Article
                                  March 01, 2022
                                  Why Private Equity and Venture Capital Firms Should Early Adopt This Debt Accounting Update
                                    March 01, 2022
                                    Why Private Equity and Venture Capital Firms Should Early Adopt This Debt Accounting Update

                                    The Financial Accounting Standards Board (FASB) has been evaluating accounting standards for the past several years to identify the requirements that could be streamlined.
                                      ASC 740 Considerations for Pass-Through Entity Tax Regimes
                                      Article
                                      March 01, 2022
                                      ASC 740 Considerations for Pass-Through Entity Tax Regimes
                                        March 01, 2022
                                        ASC 740 Considerations for Pass-Through Entity Tax Regimes

                                        An increasing number of states are embracing an entity-level income tax on pass-through entities (PTEs) as a way to mitigate the $10,000 deduction limit for state and local income taxes (SALT cap).
                                          Demystify the SOC 2 Risk Assessment
                                          Article
                                          February 25, 2022
                                          Demystify the SOC 2 Risk Assessment
                                            February 25, 2022
                                            Demystify the SOC 2 Risk Assessment

                                            With the importance that information security continues to have in enterprise and vendor risk management, your organization may find itself needing a (SOC) 2 report.
                                              MHM Appoints New President and Chairman
                                              Article
                                              February 16, 2022
                                              MHM Appoints New President and Chairman
                                                February 16, 2022
                                                MHM Appoints New President and Chairman

                                                MHM announced that Andy Burczyk has retired and that Andrew Gragnani has been appointed the new President for the organization.
                                                  3 Things Manufacturers Need to Know About Their Accounting for Leases
                                                  Article
                                                  January 31, 2022
                                                  3 Things Manufacturers Need to Know About Their Accounting for Leases
                                                    January 31, 2022
                                                    3 Things Manufacturers Need to Know About Their Accounting for Leases

                                                    Here are the core provisions manufacturers should know about with the lease accounting changes and how it could impact financial statements.
                                                      4 Ways to Make Your First SOC 2 Report Easier
                                                      Article
                                                      January 18, 2022
                                                      4 Ways to Make Your First SOC 2 Report Easier
                                                        January 18, 2022
                                                        4 Ways to Make Your First SOC 2 Report Easier

                                                        The first time you undergo a SOC 2 report, there may be some challenges, so it’s important to know what to expect.
                                                          Top Emerging Cybersecurity Trends for 2022
                                                          Article
                                                          January 18, 2022
                                                          Top Emerging Cybersecurity Trends for 2022
                                                            January 18, 2022
                                                            Top Emerging Cybersecurity Trends for 2022

                                                            Emerging cybersecurity trends for 2022 and how your company can prepare for them.