The PCAOB recently released its Spotlight: Staff Priorities for 2023 Inspections. Here’s our five key takeaways to help improve audit quality. Read More ...
But Why? ASC 320 Classification & Measurement Reminders
Apr 18, 2023Issues in the banking industry have left many asking “why?” Why did this happen, why were investments transferred, and why is this allowed under ASC 320, Debt Securities? Read More ...
“Off with their heads!” Time to Kill the HTM Category under ASC 320
Mar 28, 2023This post makes the argument that banks are gaming the system regarding the accounting for held-to-maturity securities under ASC 320. Read More ...
GAAP Chats: Debating the 150-hour rule for CPAs
Mar 10, 2023Mike and Chris take on the 150-hour rule. Should it stay or should it go? Plus, the actions some states are already taking. Read More ...
GAAP Chats: Current L&D Trends for CPA Firms
Feb 10, 2023Chris, Vicky, and Mike discuss current learning & development trends for CPA. Read More ...
GAAP Chats: The 411 on Buy Now, Pay Later Loans
Feb 03, 2023In Episode #4 of GAAP Chats Mike and Chris explore the Buy Now, Pay Later purchase options that have taken over online shopping. Read More ...
GAAP Chats: Accounting Considerations for Layoffs
Jan 27, 2023In Episode #3 of GAAP Chats, hosts Mike Walworth and Chris Brundrett talk about the recent layoffs, and the related accounting considerations. Read More ...
GAAP Chats: CPA Hot Topics - Top 5 Issues with Non-GAAP Measures
Jan 18, 2023Chris and Mike explain the top 5 issues associated with non-GAAP financial measures, as noted by the SEC in comment letters to registrants Read More ...