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Avoiding Conflicts of Interest With Auditors
A conflict of interest could impair your auditor’s objectivity and integrity and potentially [...]
Gifts in Kind: New Reporting Requirements for Nonprofits
On September 17, the Financial Accounting Standards Board (FASB) issued an accounting rule that [...]
FASB Delays Long-Term Insurance Standard … Again
On September 30, the Financial Accounting Standards Board (FASB) finalized a rule to defer [...]
On-Time Financial Reporting is Key in Times of Crisis
Many companies are struggling as a result of shutdowns and restructurings during the [...]
How to Report COVID-19-Related Debt Restructuring
Today, many banks are working with struggling borrowers on loan modifications. Recent guidance [...]
Why Face-to-Face Meetings With Your Auditor are Important
Remote audit procedures can help streamline the audit process and protect the parties [...]
Reporting Discontinued Operations Today
Marketplace changes during the COVID-19 crisis have caused many companies to make major [...]
3 Steps to “Stress Test” Your Business
During the COVID-19 crisis, you can’t afford to lose sight of other ongoing [...]
Promoting and Reporting Diversity
Increasing diversity is a key initiative at many companies in 2020. This movement [...]
Levels of Assurance: Choosing the Right Option for Your Business Today
The COVID-19 crisis is causing private companies to re-evaluate the type of financial [...]