Monthly Archives: June 2022

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Top 25 firm Cherry Bekaert reveals transformative private equity investment

Cherry Bekaert LLP has become the latest top 25 firm to attract private equity funding, announcing that Parthenon Capital has made a strategic investment that splits the Raleigh, NC-based firm into two parts.
Source: JOA News
Read More here – Top 25 firm Cherry Bekaert reveals transformative private equity investment


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GASB issues proposal requiring disclosure of certain governmental risks

Stakeholders can comment on the GASB’s draft of a proposal that would require governments to disclose information that could affect their level of services or their ability to meet obligations as they come due.
Source: JOA News
Read More here – GASB issues proposal requiring disclosure of certain governmental risks


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FASB issues standard to improve fair value guidance for equity securities

FASB issued an Accounting Standards Update that improves financial reporting for investors and other financial statement users.
Source: JOA News
Read More here – FASB issues standard to improve fair value guidance for equity securities


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PCAOB reveals selected areas of focus for 2022 inspections

The report highlights 10 areas of focus for inspections and shares five key reminders aimed at helping auditors as they navigate the current economic landscape.
Source: JOA News
Read More here – PCAOB reveals selected areas of focus for 2022 inspections


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Tips for managing remote workers

CPAs suggest strategies for helping staff stay productive and connected wherever they are working.
Source: JOA News
Read More here – Tips for managing remote workers


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FASB adds three new projects to technical agenda

FASB announced the addition of three new projects to its technical agenda based on feedback received during its 2021 agenda consultation project.
Source: JOA News
Read More here – FASB adds three new projects to technical agenda


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Survey: LGBT+ employees feel supported by inclusion initiatives

A majority of LGBT+ respondents to a Deloitte survey are more inclined to remain with their current employer because of their inclusion initiatives, although noninclusive behaviors remain a concern.
Source: JOA News
Read More here – Survey: LGBT+ employees feel supported by inclusion initiatives


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IRS sets procedure for Superfund list changes

The IRS also has posted general Superfund FAQs and tax rates for some chemical substances subject to the recently reinstated excise tax.
Source: Tax News
Read More here – IRS sets procedure for Superfund list changes


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IRS sets procedure for Superfund list changes

The IRS also has posted general Superfund FAQs and tax rates for some chemical substances subject to the recently reinstated excise tax.
Source: JOA News
Read More here – IRS sets procedure for Superfund list changes


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Cannabis: Opportunities for CPAs in a multibillion-dollar industry

CPAs across the U.S. are investing resources in a flourishing $25 billion industry: cannabis. As more states legalize cannabis each year, the AICPA & CIMA Cannabis Industry Conference, Aug. 8–10, shows how you can enter the field.
Source: JOA News
Read More here – Cannabis: Opportunities for CPAs in a multibillion-dollar industry