Newsletters

All Newsletter Articles

  • Disclosing Cybersecurity Risks January 30, 2018 In the wake of the Equifax breach, which exposed personal information of roughly 145.5 million people, the Securities and Exchange Commission (SEC) has announced plans to update its interpretive guidance ...
  • Tax Cuts and Jobs Act: Will FASB Provide Relief from Reporting Taxes Under the New Law? January 30, 2018 How will the new tax law — commonly known as the Tax Cuts and Jobs Act (TCJA) — affect your company’s financial statements? That’s a hot topic among CFOs, audit ...
  • New Law Takes Aim at Sourcing Income and Dividends January 12, 2018 Income from inventory produced in the U.S. and sold abroad is no longer eligible for split sourcing but must be fully U.S.-sourced. That rule change is among the many modifications in ...
  • New Tax Law Enacts Changes for Foreign Income and Foreign Persons January 12, 2018 Congress has approved and President Trump has signed the Tax Cuts and Jobs Act (TCJA). The new legislation contains many provisions affecting foreign income and business relationships with companies abroad. ...
  • Tax Reform Law Tackles Base Erosion and BEATS Down on Tax Abuse January 11, 2018 The Tax Cuts and Jobs Act (TCJA) includes provisions relating to base erosion and creates a base erosion antiabuse tax (BEAT). The far-reaching legislation also contains stipulations on income shifting and ...
  • How Auditors Use Analytical Procedures January 10, 2018 In November 2017, the American Institute of Certified Public Accountants (AICPA) published an updated audit and accounting guide on analytical procedures. The use of audit analytics can help during the ...
  • Factoring Tax Reform into Year-end Financial Statements January 10, 2018 In December, significant changes to the federal income tax system were signed into law. Now companies must apply the effect of the tax law changes to their fourth-quarter financial statements. ...
  • Leasing Standard: Revisions to Facilitate On-time Implementation January 10, 2018 The Financial Accounting Standards Board (FASB) has decided to issue a proposal that would make the much-anticipated lease accounting standard easier to apply. It calls for changes to how companies ...
  • COMPLIANCE ALERT January 3, 2018 Upcoming compliance deadlines: 2/15     Quarterly benefit statements due for defined contribution plans with calendar year plans 2/28     Deadline for filing paper 2017 Form 1099 with IRS (electronic filing deadline is March ...
  • Fiduciary Rule’s Tortured Path to Implementation January 3, 2018 What this means for plan sponsors Controversy, complicated legal wrangling and legislative maneuvering have been swirling around the Department of Labor’s (DOL’s) “fiduciary rule” governing financial advice given to retirement plan ...