VideoWhy Companies Should Perform Information Asset Audits (Video Content)An information asset audit is fundamental to a robust information security program. United StatesPrivacyFoley & Lardner LLP
ArticleClearer Federal "Broker Disclosure" RequirementsThe Department of Labor has released Advisory Opinion 2005-02A providing further guidance on the duty of insurance companies providing insurance coverage to ERISA pension and welfare benefit plans to furnish information to plans on commissions and fees paid to brokers, agents, and other personsUnited StatesStrategyFoley & Lardner LLP
ArticleExam: Recent Litigation Highlights Potential For Increased Use Of Regulation Challenges In IRS Audit DisputesSince the passage of the Tax Cuts and Jobs Act in 2017, the promulgation of regulations amplifying TCJA provisions has led practitioners to shift their attention to potential challenges to the Treasury Department's interpretation of certain statutes.United StatesTaxMiller & Chevalier Chartered
ArticleFinal Regulations On Dispositions Of Tangible Property May Affect Basis RecoveryThe IRS has released final regulations on dispositions and partial dispositions of tangible depreciable property.United StatesTaxGrant Thornton LLP
ArticleIRS Issues Final Regulations On Retail Inventory MethodThe IRS published final regulations related to the treatment of certain vendor allowances under the retail inventory method.United StatesTaxGrant Thornton LLP
ArticleIRS Modifies Filing ThresholdsOn January 13, 2011, the Internal Revenue Service reminded tax-exempt organizations that normally have gross receipts of less than $50,000 that they can avoid having to file the long Form 990 for the 2010 tax year and can file the E-postcard instead.United StatesTaxDinsmore & Shohl LLP
ArticleAccounting Woes Continue...SPAC AttackWhy ask why? To nobody's surprise, the increase in restatements and the need for proper internal controls was highlighted as an outcome of the 2023 Proxy Season reporting. United StatesAccounting and AuditAnkura Consulting Group LLC
ArticleAs Financing Agreements Grow More Creative, Your Accounting Analyses Need To Be Equally RigorousWe're seeing more and more creativity in how companies and their financial sponsors structure debt and equity financing agreements. United StatesAccounting and AuditRiveron
VideoClient Spotlight: A&A CPA, LLC (Video)For CPA Judith Aburmishan, complex client audits once meant difficult choices — refer work out and risk losing clients, or struggle without the right expertise.United StatesAccounting and AuditKaufman Rossin
ArticleCPA Alert: The Elusive AccountantThey only love you when they need you? The green eye shade accounting profession has been undergoing a systemic change over the past decade. The significant decline in accounting major graduates...United StatesAccounting and AuditAnkura Consulting Group LLC
ArticleDCAA Announces Reorganization PlansOn April 7, 2025, the Defense Contract Audit Agency (DCAA) announced agency reorganization plans aimed at reducing the number of field offices and centralizing audit operations. DCAA plans to close 40 smaller audit suboffices around the country, many staffed with fewer than 10 personnel, to reduce the costs of associated leasesUnited StatesAccounting and AuditCrowell & Moring LLP
ArticleFederal Single Audit And Illinois' GATA Deadlines ExtendedIn a memorandum from the U.S. Office of Management and Budget (OMB) on March 19, 2020, OMB provided short-term relief to recipients affected by COVID-19. United StatesAccounting and AuditORBA
ArticleFINRA Foundation Finds Persistent Disparities In Investment Account OwnershipThe FINRA Investor Education Foundation found persistent disparities in taxable investment account ownership among various racial and ethnic groups.United StatesAccounting and AuditHogan Lovells Cadwalader
ArticleLiving The Dream... Accountants?Any time you discuss job satisfaction in the world of accounting...especially at the end of the annual year-end close ritual...expect a bad result. A recent survey suggests the level...United StatesAccounting and AuditAnkura Consulting Group LLC
ArticleOFCCP Issues Its 2024 Audit List – Was Your Company On It?On June 7, 2024, OFCCP released its latest Corporate Scheduling Announcement List (CSAL). The list identifies 500 supply and service contractors and subcontractors selected...United StatesAccounting and AuditProskauer Rose LLP
ArticleOFCCP Issues New List Of Advance Audit NoticesFor the first time, the CSAL list includes audits focusing on contractors' promotion practices and accommodations of individuals with disabilities.United StatesAccounting and AuditMorrison Foerster
PodcastOJT S2, E9: Empirical Insights And The Case For Reform With Professor Dr Vince Morabito, Monash University (Podcast)In this episode of On Just Terms, partners Jason Betts and Melissa Gladstone are joined by Professor Vince Morabito, one of Australia's leading empirical researchers on class actions.United StatesAccounting and AuditHerbert Smith Freehills Kramer LLP
ArticlePCAOB Amps Up Audit ReviewsNo surprises. Given the tumult in the markets and investor anxiety over the quality of audits performed over the past 12 months... expect the hammer to drop as PCAOB (SEC) investigations pick up. United StatesAccounting and AuditAnkura Consulting Group LLC
ArticleSEC Staff Allows Early Adoption Of Electronic SignaturesOn November 20, 2020, the Staff of the SEC's Division of Corporate Finance, Division of Investment Management, and Division of Trading and Markets issued a statement.United StatesAccounting and AuditWilmerHale
ArticleUpskilling CPAs: The Intersection Of Technology And StorytellingTechnology is an integral part of most corporate roles in today's business environment. The combination of tech skills and a deep understanding of business fundamentals...United StatesAccounting and AuditRiveron