Accounting & Financial Reporting

Navigating the Beneficial Ownership Reporting Requirement With much uncertainty surrounding the Corporate Transparency Act’s beneficial ownership reporting requirement, CPA firms must practice due diligence to protect themselves and their clients.

5 Steps for Establishing ESG Reporting Processes Corporate finance professionals are increasingly being called on to lead companies’ ESG reporting processes. Here’s how to get it right.

Analyzing Two Accounting Approaches for Cryptocurrencies In the absence of comprehensive guidance for cryptocurrencies, companies that hold them on their balance sheets are looking for the best method to account for them.

COVID-19’s Impact on Lease Accounting In a turbulent market, lease modifications and concessions have become common but still require careful analysis.

When to Test Goodwill and Indefinite-Lived Intangible Assets for Impairment Entities whose operations are negatively affected by COVID-19 may need to consider testing their assets for impairment.

The Nonprofit’s Guide to Revenue Recognition For nonprofits dealing with multiple revenue streams, understanding how and when to recognize different kinds of revenue is key to avoiding major missteps.

Judgment Day: Five Significant Financial Reporting Areas to Consider Now The SEC’s Office of the Chief Accountant has highlighted five areas finance must carefully consider in the wake of COVID-19.

Non-GAAP Measures: Seeking Clarity IASB moves to increase the relevance of non-GAAP measures like EBITA and EBITDA in financial reporting.

Financial Reporting: How to Ensure the C-Suite Can Trust Your Numbers Many business leaders feel hampered by untrustworthy data and questionable accounting and financial reporting. Here’s how to change that.