IFRS 18 Primary Financial Statement Standard Announced
On April 9, 2024, the International Accounting Standards Board (IASB) issued IFRS 18 Presentation and Disclosure in Financial Statements standard, effective for [...]
INSIGHTS
Accounting and Financial Reporting
Entering the Public Market: Five SPAC Transaction Takeaways
You’re gearing up to go public—but rather than a traditional IPO, you’re entering the market via a SPAC transaction. [...]
Impairment Testing Part I: Requirements Under ASC 350 and ASC 360
With the continued increased focus on fair value measurement, companies must understand the nuances of impairment testing for different [...]
Navigating Between IFRS and GAAP
The International Financial Reporting Standards (“IFRS”), issued by the International Accounting Standards Board (“IASB”), is the accepted accounting standards [...]
Life After Close – Operating as a Public Company Post De-SPAC Process
You’ve successfully executed a merger transaction with a SPAC—now what? We’ve gathered first-hand insights from two CFOs who have [...]
Key Considerations for Assessing Public Company Readiness
Becoming a publicly traded company is a transformative process and entering the market via a SPAC transaction requires adequate [...]
Haven’t Adopted the Lease Accounting Changes Yet? Better Get Going
If it feels like you’ve been hearing about changes to lease accounting for forever, you’re not wrong—they’ve been in [...]
New PCAOB Rules on Auditing Estimates and Specialists
A company’s preparation of financial statements in accordance with US GAAP can be very complex due to the required [...]
CECL—Why Private Companies Should Start Preparing Now
In late 2019, the Financial Accounting Standards Board (FASB) provided relief to private companies and smaller reporting companies by [...]
The Future is Uncertain—Plan For It
Historically there has been a great deal of effort placed on the accuracy of financial forecasting. For example, when [...]