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On July 8, 2013 the full House of Representatives passed by a large, bipartisan margin the bill (previously reported on June 20) to prohibit the Public Company Accounting Oversight Board from requiring mandatory auditor rotation.

Attorney C. Michael Kvistad explores strategic considerations and best practices for structuring mergers and acquisitions transactions in ways that benefit accounting professionals. This webinar examines the unique role accountants play in M&A deals and how transaction structures can be optimized to leverage their expertise.

Inflation and challenging labor markets continue to present financial challenges to physician practices. Leadership decision-making and action-taking in response to financial results...

A new government memorandum proposes sweeping changes to defense contracting practices, including market-based pricing, greater reliance on GAAP accounting standards, and streamlined oversight processes. The policy shift promises to reshape how government contractors operate, though many provisions still require regulatory or statutory implementation before taking effect.

Attorney David C. Tingstad explores the critical role of EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) in determining business valuation within Washington State. This webinar examines how this financial metric serves as a foundational tool for establishing fair market value in business transactions and legal proceedings. Understanding EBITDA's application can significantly impact negotiations, sales, and dispute resolutions involving business worth.

Hogan Lovells' global team of securities and professional liability lawyers is uniquely positioned to monitor legal developments across the globe that impact accountants' liability risk.

Hogan Lovells' global team of securities and professional liability lawyers is uniquely positioned to monitor legal developments across the globe that impact accountants' liability risk.

Here, the plaintiff claimed that the adoption of pushdown accounting constituted a change to accounting rights that triggered a right to consent under the relevant operating agreement.

An accountant served with a subpoena must understand that it is a legal document that comes with significant risk. However, there are procedures for responding to subpoenas to minimize that risk...

The Financial Accounting Standards Board ("FASB") requested comments on a proposed "Accounting Standards Update" aimed at easing potential accounting burdens on loan market participants

A summary of Current FASB Developments provided by Randy McClanahan of Johnston Barton Procter & Rose LLP in Birmingham, Alabama, for the August meeting of the ABA Business Law Section Law and Accounting Committee.

In particular, the Summary describes the Financial Accounting Standards Board's recent updates on consolidation and income taxes.

Randy's summary covers the Financial Accounting Standards Board's recent Accounting Standards Updates, which mostly have dealt with discrete or technical accounting issues, and other pending projects.

Here is the most recent "Summary of Current FASB Developments" prepared by Randy McClanahan of Butler Snow LLP in Birmingham, Alabama, for the Fall Meeting of the ABA Business Law Section Law and Accounting Committee.

The Chair of the Securities and Exchange Commission Mary Jo White recently commented on the significance of high-quality accounting standards.

Government contractor L3 Technologies Inc. ("L3") agreed to pay a $1.6 million penalty to settle SEC charges alleging recordkeeping and internal accounting failures.

Many accountants and valuation experts are anxiously attempting to predict the contents of the revised Section 2704 regulations from the IRS on the valuation of family limited partnerships...