(authored by RSM US LLP) The IASB has issued amendments that will result in companies recognizing deferred tax on leases and decommissioning obligations.
(authored by RSM US LLP) A recent CAQ Alert addresses auditor and audit committee considerations related to SPAC initial public offerings and mergers.
(authored by RSM US LLP) The FASB staff recently made clarifying comments related to the new goodwill impairment triggering event alternative.
Christina Chifici, CPA, CGMA, CIT, CCIFP, Audit and Assurance Services Director-in-Charge of LaPorte CPAs & Business Advisors, has been selected as one of the honorees…
(authored by RSM US LLP) Notice 2021-20 clarifies retroactive changes made to ERTC and PPP interaction and incorporates several previous frequently asked questions.
(authored by RSM US LLP) The FASB has clarified that certain ASC 848 expedients and exceptions apply to derivatives affected by the discounting transition.
(authored by RSM US LLP) Our article discusses weighting evidence in discerning whether a valuation allowance should be recognized for deferred tax assets.
(authored by RSM US LLP) A recent proposed ASU addresses the accounting for revenue contracts with customers acquired in a business combination.
Beginning in January of 2021, the IRS will require businesses to report non-employee compensation using a new Form 1099-NEC. Amounts formerly reported on Form 1099-MISC…
(authored by RSM US LLP) A PCAOB resource provides information for audit committees about new requirements for auditing estimates and use of specialists.