As legal counsel to a public registrant, imagine your client asking for your advice on the following questions: Can we help fund the startup of a new distribution customer that will buy more of our products? We really want to set this customer up so that we can charge the customer higher prices than regular […]
Art of Accounting: My 7th anniversary – Accounting Today
This is my 364thweekly column and completes seventh years without missing an issue. Much thanks goes to Michael Cohn, my editor and occasional sounding board for ideas. It has been a great collaboration and friendship. I also could not have done this without readers and the many colleagues that call me with questions and a […]
Seymour accounting firm merges – Seymour Tribune
Staff Reports Agresta, Storms and O’Leary PC recently announced it has merged with the Columbus and Seymour offices of Evansville-based Kemper CPA Group. As a result of this acquisition, the Columbus office of ASO will move from its current location to the Kemper offices on Washington Street in downtown Columbus around Jan. 1, 2021. It […]
Centralized partnership audit regime changes proposed
Partnerships received guidance from the IRS on Friday on when the new centralized partnership audit regime does not apply to certain partnership-related items. The proposed regulations (REG-123652-18) provide that the centralized audit regime may not apply when an adjustment during the examination of a person other than the partnership requires a change to a partnership-related […]
Global banking group issue carbon accounting standards – American Banker
A consortium of global banks representing nearly $18 trillion of assets has released a carbon accounting standard intended to help financial institutions gauge the greenhouse gas emissions they finance. The Partnership for Carbon Accounting Financials aims to address a significant challenge for lenders that want to reduce their carbon emissions: a lack of uniform standards […]
CPA Exam gets refresh after practice analysis
Emphasis on understanding business processes and data analytics is being expanded while other topics are being phased out as the CPA Exam undergoes a refresh designed to maintain its relevance to the evolving work that newly licensed CPAs perform. New CPA Exam Blueprints released Friday are the result of a comprehensive practice analysis performed by […]
Grant Thornton survey: Half of M&A deals experience accounting disputes – Manchestertimes
CHICAGO–(BUSINESS WIRE)–Nov 20, 2020– Approximately half of all merger and acquisition (M&A) deals wind up in some form of accounting dispute, according to a recent survey from Grant Thornton LLP. The survey — which included nearly 200 U.S.-based M&A professionals — also found that 66% of the survey respondents felt the COVID-19 pandemic has increased […]
Eager to Join Forces With Another Business? Keep These 5 Types of Mergers in Mind
At some point or another, you may want to join forces with another business to help boost profits or cut costs. One way to do this is to merge your business with another company through a merger. There are a variety of mergers to choose from. Are you ready to explore the different types of […]
Waterton hires Pamela Hennessy as senior vice president, corporate accounting and reporting – REjournals.com
Pamela Hennessy Waterton has tapped Pamela Hennessy to serve as senior vice president, corporate accounting and reporting. Based in Chicago, Hennessy will report to Tara Marszewski, chief financial officer at Waterton. As a seasoned finance professional, Hennessy brings 19 years of financial and accounting experience and a demonstrated track record of analyzing, improving and managing […]
Commissioners Pierce And Roisman Dissent To Broad Interpretation Of Internal Accounting Controls – Accounting and Audit – United States – Mondaq News Alerts
United States: Commissioners Pierce And Roisman Dissent To Broad Interpretation Of Internal Accounting Controls 20 November 2020 Mayer Brown To print this article, all you need is to be registered or login on Mondaq.com. On October 15, 2020, the US Securities and Exchange Commission (SEC) issued a cease and desist order (Order), settling charges against […]