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Accounting

Allen Barron, Inc.

Accounting Services to Support Business Clients

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How does the quality and scope of your accounting process affect every aspect of your company from tax exposure to profitability? It is important to ensure that your company has accurate, detailed, and timely information...more

McDermott Will & Emery

Weekly IRS Roundup September 2 – September 6, 2024

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Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of September 2, 2024 – September 6, 2024. September 2, 2024: The IRS released Internal Revenue Bulletin...more

IR Global

Case Study – Accountants Advising on Leadership and Management

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Accountants can advise Clients on Leadership and Management to improve organizational success. Leadership is the ability to influence, motivate, and enable others to contribute to the organisation’s success. Management is the...more

Allen Barron, Inc.

An Integrated Approach to Solving Business Problems

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What is an integrated approach to solving business problems? Why is it important for businesses, especially those with multiple offices or entities and/or cross-border interests to partner with an integrated legal, tax,...more

Allen Barron, Inc.

Accounting is the Information Connection Within Your Own Business

Allen Barron, Inc. on

Many business owners and executives fail to realize that accounting is the information connection within your own business. Accounting doesn’t simply capture the box scores of your company’s business transactions. A...more

Ankura

5 Strategies for a Future-Proof CFO: Leading Finance in a Dynamic Business Environment

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The office of the chief financial officer (CFO) is a revolving door – as of Q1 2024, CFO turnover has reached the highest level in three years, now only sitting on the hot seat between two and five years. The CFO role has...more

Allen Barron, Inc.

Integrated Consulting, Legal, Tax and Accounting Services

Allen Barron, Inc. on

What is the value of value of integrated consulting, legal, tax, and accounting services? Just before the millennium, a group of prominent professional service companies was known as “The Big Eight.” The Big Eight included...more

A&O Shearman

Judge dismisses most of SEC’s suit against SolarWinds over cybersecurity disclosures

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On July 18, 2024, U.S. District Judge Paul Engelmayer of the U.S. District Court for the Southern District of New York issued a comprehensive 107-page opinion that may have significant implications for the Securities and...more

Adams and Reese LLP

What are the Best Practices for Internal Controls and the Warning Signs of Embezzlement?

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President Ronald Reagan once said, “Trust, but verify,” echoing a Russian proverb to describe the relationship moving forward with the Soviet Union. The saying loosely translates into proceeding cautiously when someone is...more

Allen Barron, Inc.

Preparing to Sell Your Business

Allen Barron, Inc. on

There are several steps to follow when preparing to sell your business. It is important to allow plenty of time for planning and organization, as the process will usually require many months to a year or more. Why does it...more

Hogan Lovells

Hong Kong audit regulator says it expects full compliance with laws and regulations

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Hong Kong’s audit regulator, the Accounting and Financial Reporting Council (AFRC), says it expects all audit firms and their staff to comply with all relevant laws and regulations set out within the accountants’ ethics code....more

Allen Barron, Inc.

Most Business Owners Undervalue Accounting

Allen Barron, Inc. on

It's astonishing how many business owners undervalue accounting and its profound financial impact on business operations, transactions, taxation, and profit. An effective accounting strategy captures the information required...more

Woodruff Sawyer

Uncooked Books: Avoiding SEC Accounting Scrutiny

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When we think about the kinds of issues that the SEC is intended to regulate, big accounting frauds – Enron, WorldCom, Tyco – are top of mind. In this week’s D&O Notebook, my colleague and former SEC Enforcement Senior...more

IR Global

Accounting Firm Mergers & Acquisitions – Financial Advisory & Valuation Services For Success

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Accounting firm mergers and acquisitions (“M&A”) are blossoming due to strong recurring revenue models, a great record of organic growth over three decades, light asset investment requirements, and economic recoveries and...more

Dorsey & Whitney LLP

Some Serious Strings Attached: Sponsored Research Funding, Adequate Accounting Systems, and False Claims Act Exposure

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The federal government awards billions of dollars each year in sponsored research funding to institutions of higher education, academic research institutions, non-profit organizations, and companies—making federal grants an...more

Cooley LLP

Munter and Gerding discuss the need for additional disclosures under IFRS 19

Cooley LLP on

The director of Corp Fin, Erik Gerding, and the SEC Chief Accountant, Paul Munter, have issued a new “Statement on the Application of IFRS 19, Subsidiaries without Public Accountability: Disclosures, in Filings with the SEC.”...more

Cooley LLP

SEC Chief Accountant issues statement on tone at the top

Cooley LLP on

In this statement, SEC Chief Accountant Paul Munter discusses the importance of setting the tone at the top. According to Munter, “academic research has ‘long stressed the crucial role that tone at the top, set by...more

Ankura

The Accounting Profession: Navigating a Skilled Worker Shortage

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In recent years, the accounting profession has been grappling with a concerning trend: a shortage of skilled workers. According to the American Institute of CPAs (AICPA), the demand for accounting graduates has consistently...more

Hogan Lovells

Disciplinary, litigation risk - AFRC highlights skill shortage in Hong Kong public interest entity audits

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The Accounting and Financial Reporting Council (AFRC) has published its first report on the public interest entity (PIE) audit market in Hong Kong. Reviewing its own survey of PIE auditors, the report highlights high vacancy...more

Cooley LLP

CAQ’s 2024 audit committee practices report discusses priorities and practices

Cooley LLP on

The Center for Audit Quality has released its 2024 “Audit Committee Practices Report: Common Threads Across Audit Committees.” The report highlights the top five audit committee priorities identified by committee members in...more

Miles Mediation & Arbitration

Conquering Construction Contract Disputes: Strategies for Construction Attorneys to Consider

...An engagement scene from a chick flick? Or could it be a conversation about entering into a construction contract? At the beginning, the atmosphere around a construction project is not unlike a budding romantic...more

Foley & Lardner LLP

Supply Chain Transparency – Are You Ready? 

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With sustainability increasingly being folded into corporate strategy, supply chain transparency and accountability are front of mind topics. Suppliers and vendors are critical partners in day-to-day operations, and their...more

Seward & Kissel LLP

[Hybrid Event] Blockchain Symposium: Spring Crypto | Crypto Spring - March 27th, New York, NY

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Please join Seward and Kissel's Blockchain & Cryptocurrency Group on Wednesday, March 27, 2024 for the S&K Blockchain Symposium: Spring Crypto | Crypto Spring....more

Cornerstone Research

Spike in Fourth Quarter SEC Accounting and Auditing Enforcement Activity Results in Notable Increase in FY 2023

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The U.S. Securities and Exchange Commission expanded its accounting and auditing enforcement activity in fiscal year 2023, while monetary settlements dropped for the second consecutive year, according to a new report released...more

Hogan Lovells

Late disclosure prompts a CPA disciplinary recommendation by the Hong Kong MMT to the AFRC

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The Market Misconduct Tribunal (MMT) has recommended that the accountants’ regulator, the Accounting and Financial Reporting Council (AFRC) take disciplinary action against a listed company secretary for neglecting his...more

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