After crossing the finish line on season one of GAAP Chats, it’s time to look back on how it all began. Heading into season two, we are on the search for new topics and what interests our listeners in the world of accounting and audit. Read More ...
New IFRS Sustainability Standards: Why Should I Care?
Jul 18, 2023The ISSB recently issued its first two sustainability disclosure standards, but they are not linked to the application of IFRSs. So why do they matter? Read More ...
What’s New?: IFRS Updates for 2023
Jun 27, 2023What has been going on in the IFRS world recently? Our 2023 IFRS Updates will tell you everything you need to know. Read More ...
GAAP Chats: A Penny for Your Thoughts
May 23, 2023Episode #16 of GAAP Chats is all about earnings management, and the games companies play to “smooth” earnings. Join hosts Mike Walworth and Bob Laffler as they discuss this topic and how these games, even if they aren’t illegal, can get you into trouble with the SEC! Read More ...
GAAP Chats: Lessons from Donald Trump, Clarence Thomas
May 16, 2023In Episode #15 of GAAP Chats, hosts Mike Walworth and Bob Laffler discuss what lessons CPAs can learn from news stories surrounding Donald Trump and Clarence Thomas. Read More ...
Priorities for 2023 PCAOB Inspections: 5 Key Takeaways
Apr 25, 2023The 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 ...