CPA Practice

AUGUST 10, 2023

Grant Thornton LLP, one of America’s largest audit, tax and advisory firms, has appointed two new leaders to the firm’s Audit Quality & Risk practice. Decker assumes her new role from Mary Ropes, an Audit partner at Grant Thornton, who retires after more than 35 years of service at the firm. Thank you for your leadership.”

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Cherry Bekaert

FEBRUARY 22, 2024

The annual financial statements must be audited, and the date of effectiveness must be within one year and 45 days from the audited balance sheet date. Our Accounting Advisory team regularly interprets and applies U.S.

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Going Concern

JULY 22, 2022

Global Rulemakers Say It’s Time to Fix Goodwill Accounting [ Bloomberg Tax ] The International Accounting Standards Board said Thursday that it would decide whether to change the rules covering acquisition accounting at its next meeting. At Mazars, three of eight audits reviewed (38 percent) met the same threshold.

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MarkFriedlich

MARCH 30, 2020

The International Accounting Standards Board (IASB) has released the document, IFRS 9 and COVID-19—Accounting for Expected Credit Losses Applying IFRS 9 Financial Instruments in the Light of Current Uncertainty Resulting from the COVID-19 Pandemic.

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Withum

JUNE 14, 2023

ESG Disclosure Standards To navigate the evolving landscape of ESG reporting standards, companies must proactively integrate the forthcoming disclosure requirements into their reporting processes. International accounting standards will require sustainability disclosure alongside finance statements.

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Withum

JULY 11, 2023

International accounting standards will require sustainability disclosure alongside finance statements. Furthermore, these reporting standards will require the adoption of internal controls that can support an independent audit.

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inDinero Accounting

JUNE 29, 2023

Along this journey, influential organizations such as FASB and International Accounting Standards Board have played a major role in establishing and maintaining GAAP standards across different jurisdictions and industries worldwide. This process occurs before any cash payment is made or taxes are due.

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