Industry Insights

Insights Menu

firm news

audit articles

employee benefit plan articles

tax articles

international tax articles

Our insights are geared to keep you informed on the most relevant topics in your industry. We are your knowledge resource for information on:

Audit
Employee Benefit Plans
Tax
International Tax

 

Receive Industry Insights

 

All Industry Insight Articles

  • FASB pauses to allow companies to focus on major implementation projects August 9, 2017 Businesses are gearing up for some of the biggest accounting changes in decades. Meanwhile, the Financial Accounting Standards Board (FASB) is focused on making sure companies know how to implement ...
  • How auditors assess internal controls June 12, 2017 Why do auditors ask so many questions about their clients’ internal controls? Assessing internal controls is part of today’s auditing requirements. It helps identify risk factors — but the requirements ...
  • Down-round options: A divided FASB approves updated guidance June 12, 2017 In a 4 to 3 vote, the Financial Accounting Standards Board (FASB) agreed to finalize an update to U.S. Generally Accepted Accounting Principles (GAAP) that’s intended to simplify the accounting ...
  • The future of auditing: Technology brings opportunities and challenges June 12, 2017 If it seems like your auditor is always trying out new software, technology devices and analytical testing procedures, you’re not imagining it. Audit firms are continually investing in new technology ...
  • FASB issues new standard on callable debt May 15, 2017 In March, the Financial Accounting Standards Board (FASB) published an update to U.S. Generally Accepted Accounting Principles (GAAP) that will shorten the amortization period for premiums paid for callable debt ...
  • How diverse is your company’s board of directors? May 15, 2017 Diversity is a buzzword in strategic management today. In February, the Advisory Committee on Small and Emerging Companies recommended that the Securities and Exchange Commission (SEC) expand the disclosure rules ...
  • New revenue recognition standard: As the effective date looms, concerns and issues mount May 15, 2017 Are you ready for the new revenue recognition standard to go live? For companies in many industries, implementing this standard is likely to be more time-consuming, complex and costly than ...
  • IRS adds FAQs on FATCA beneficial owner requirements May 5, 2017 The IRS recently added three frequently asked questions to its Foreign Account Tax Compliance Act (FATCA) compliance page elaborating on identification requirements for a beneficial owner withholding certificate. Question:  Under what ...
  • OECD issues international VAT/GST guidelines May 5, 2017 The Organisation for Economic Co-operation and Development (OECD) released guidelines on applying Value Added Tax (VAT) and Goods and Services Tax (GST) to international trade transactions. Officially called the “Recommendation of ...
  • China revises transfer pricing rules May 5, 2017 In a long-awaited announcement, China updated its special tax adjustment measures. The Special Tax Investigations, Adjustments and Mutual Agreement Procedures (Announcement 6) integrates elements of the Base Erosion and Profit ...