Audit & Accounting

House passes ESG and tax haven disclosure bill

By Michael Cohn       3 min read

The legislation would require standardized metrics and disclosures of environmental, social and governance measures by companies. Read story →

SEC reportedly investigating former PCAOB chair Duhnke

By Michael Cohn       4 min read

The Securities and Exchange Commission is reportedly probing William Duhnke, the recently fired chair of the Public Company Accounting Oversight Board. Read story →

FASB proposes discount rate guidance for nonpublic lessees

By Michael Cohn       3 min read

The board released a proposed ASU with the goal of improving the guidance for lessees that are not public businesses.  Read story →

SEC stance on SPAC warrant accounting demands closer look

By Matt Smith, Petar Tomov       5 min read

Find out why the recent guidance from the SEC on how SPAC warrants are classified requires careful consideration of the specific facts and circumstances for each entity and each contract. Read story →

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PwC reorganizes U.S. firm structure, sets new international strategy

By Michael Cohn       9 min read

PricewaterhouseCoopers is restructuring its U.S. firm into two business segments, and redefining its global strategy around the concept of trust. Read story →

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Why lease accounting software systems fail: 9 key functional deficiencies driving companies to replace ASC 842 software

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