Intelligence

The SEC Staff has issued new guidance addressing fair value measurement and disclosure practices for private credit and other illiquid assets held by registered funds and business development companies. As private credit portfolios have grown nearly 60% since 2020, reaching $270 billion, regulators emphasize the critical importance of robust valuation methodologies, transparent disclosure of significant judgments, and careful application of accounting standards when market prices are unavailable.

Mowery & Schoenfeld celebrates its 30th anniversary by promoting seven professionals to partner positions across tax, assurance, transaction advisory, and client advisory services. The promotions include Justin Goetz, Jim Odegard, TJ Van Derpluym, Doug DeLara, Mark Hallgren, Cameron Richey, and Nicole Zambetti, reflecting the firm's commitment to developing leadership from within and positioning for future growth.

Grant Thornton Malta operates as an independent member firm within the global Grant Thornton network, providing assurance, tax, and advisory services to clients. Each member firm functions as a separate legal entity, delivering services independently without creating partnership obligations or liabilities between firms. The brand operates under a coordinated international framework while maintaining distinct operational and legal boundaries.

As economic uncertainty and rising costs pressure businesses in 2026, many companies are turning to fractional CFO services as a strategic solution to improve profitability without the expense of a full-time executive. This analysis explores six specific ways these services enhance EBITDA, from optimizing pricing strategies and managing cash flow to reducing operational waste and preparing for financing events.

Effective bookkeeping extends far beyond compliance and record-keeping—it provides the financial visibility, accuracy and insight businesses need to make informed decisions, manage risk and plan for growth. By asking critical questions about financial reporting timeliness, cash flow visibility, reconciliation accuracy, VAT management and data reliability, organisations can identify gaps in their bookkeeping processes before they impact business performance.

IFRS 18 applies for annual reporting periods beginning on or after 1 January 2027 and will replace IAS 1. Although it does not change recognition and measurement principles, it will significantly affect how financial performance is presented and disclosed.