Audit & Accounting

CAQ offers advice on auditing SPACs

By Michael Cohn       2 min read

The Center for Audit Quality released an alert Monday discussing the audit considerations surrounding a private company entering the public markets through a merger with a special purpose acquisition company. Read story →

SASB moves forward on ESG standards

By Michael Cohn       5 min read

At the same time, the SEC is increasingly focusing on environmental, social and governance reporting.  Read story →

FASB proposes changes to hedge accounting standard

By Michael Cohn       3 min read

The Financial Accounting Standards Board released a proposed accounting standards update Wednesday to better line up a company’s hedge accounting with its risk management strategies.  Read story →

FASB clarifies accounting for call options

By Michael Cohn       2 min read

The board released a standards update to improve the accounting for modifications or exchanges of freestanding equity-classified written call options, such as warrants. Read story →

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Biden plan would give IRS authority to regulate tax preparers

By Michael Cohn       4 min read

The American Families Plan includes provisions that would expand Internal Revenue Service oversight of tax preparers. Read story →

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