Insight and Advice From 3 Seasoned SOX Specialists

CFGI recently rounded up a few of its top Sarbanes-Oxley specialists to discuss all things SOX compliance on camera.

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CFO’s Guide to Significant Deficiencies and Material Weaknesses

The PCAOB defines a material weakness as, “a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the company’s annual or interim financial statements will not be prevented or detected on a timely basis.

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Wayfair – Year One and Moving Forward

It has been a little over a year since the United States Supreme Court Decision South Dakota v.

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Private equity: Current and emerging financial due diligence considerations when acquiring physician practices

As private equity acquisitions of healthcare businesses have surged over the past decade.

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Where are we going and how will we get there?

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FASB proposes changes to new standards on financial instruments, including CECL

On November 19, 2018, the FASB issued an Exposure Draft, Codification Improvements – Financial Instruments, to clarify guidance involving credit losses (Topic 326), derivatives and hedging (Topic 815) and recognition and measurement of financial assets and liabilities (Subtopic 825-10).

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Concerns raised by PCAOB over the quality of Broker-Dealer PCAOB Inspections

Concerns raised by PCAOB over the quality of Broker-Dealer PCAOB Inspections At the recent 2018 AICPA Banking and Savings Conference, Jim Kaiser, Board Member at the PCAOB, addressed PCAOB’s concern over the 2017 inspection results for the Broker-Dealer community.

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Tax Cuts & Jobs Act – Meals & Entertainment

HOW WILL IT IMPACT YOU? On December 22, 2017 the President signed the amended HR 1, the Tax Cuts and Jobs Act (“TCJA”) into law, which makes sweeping changes to the current tax system, and represents the most significant tax reform in over 30 years in the US.

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Tax Controls – Taking a Fresh Look

Overview With the recent passage of the Tax Cuts and Jobs Act of 2017, now is as good of a time as any for companies to take a fresh look at their tax processes and controls.

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