Withum

MARCH 22, 2022

The SEC will require registrants to disclose certain climate-related information, including information about climate-related risks that are reasonably likely to have material impacts on the business or consolidated financial statements and Greenhouse Gas (GHG) emissions metrics, which could help investors assess those risks. .

financial statements 81

financial statements audit Government public accounting 81

Going Concern

APRIL 1, 2024

Related to this I suppose, Alaska Public Media did a story on the city of Anchorage having some municipal audit problems : A long overdue financial audit of Anchorage’s bookkeeping may keep the city from getting tens of millions of dollars in grant money. This applies not just to audits but to other services as well.

Account 102

Account accountant accounted audit 102

Cherry Bekaert

APRIL 30, 2024

may be down around 340,000 CPAs going into 2025. In practice, this means having the bench strength to cover critical reporting periods, audit matters, or significant transactions occurring throughout the year, along with the option to control costs by reducing support when things are less busy.

CPA 52

CPA cpas audit accounting and finance 52

CPA Practice

DECEMBER 11, 2023

Source: [link] Enhanced Financial Reporting and Auditing : AI will improve financial reporting and auditing processes. AI-powered algorithms will analyze large datasets and identify anomalies and potential risks more precisely, leading to more accurate and reliable financial statements.

Technology 124

Technology audit E-commerce accounting principles 124

Going Concern

MAY 26, 2023

Although the public health emergency is over, taxpayers can continue to apply for the tax credit until 2025. That has fueled a run for the money and the proliferation of financial service providers, who often charge hefty upfront fees or take cuts of around 25 percent of any tax refund. The reshuffle goes into effect on July 1. ‘No

public accounting 84

public accounting Account accountant accounted 84

Cherry Bekaert

NOVEMBER 28, 2023

Preliminary tax reporting and issue identification can be initiated before the financial statement audit is completed. After 2025, individual owners of PTEs may see marginal tax rates increase, the Section 199A 20% deduction expire, and a significant reduction of the lifetime estate tax exemption.

tax planning 65

tax planning Tax income tax tax return 65

Going Concern

AUGUST 4, 2023

Audit Fireside Chat with PCAOB Chair Erica Y. While the US Securities and Exchange Commission doesn’t technically approve SPAC deals, it requires audited, accurate financial statements to declare such tie-ups effective. Its total headcount was around 600, up more than 40% from the year prior.

cpa firm 93

cpa firm CPA accounting firms accounting and finance 93

Withum

FEBRUARY 1, 2023

Pass-Through Entity Level Tax The TCJA limited the deduction of state and local taxes for individual taxpayers to a flat $10,000 for tax years 2018 through 2025. It is important to note that this method does increase the risk of hobby loss disallowance on audit. NADA is optimistic that the bill will Pass.

accounting and finance 52

accounting and finance income tax Tax CPA 52

Cherry Bekaert

FEBRUARY 2, 2024

Compliance requirements for SB 253 are as follows: Beginning in 2026 (for reporting year 2025), reporting entities are required to annually report their Scope 1 and Scope 2 greenhouse gas emissions. More guidance on this is forthcoming.

accounting and finance 83

accounting and finance California cpa firm CPA 83