Insights

Featured Insights

No results found.

All Insights

PCAOB conversations with audit committee chairs

PCAOB conversations with audit committee chairs

The PCAOB recently summarized audit committee insights on auditor communications, new standards and emerging technologies.
LB&I to focus on proper reporting of tax purchase price allocations

LB&I to focus on proper reporting of tax purchase price allocations

LB&I’s compliance campaign focuses on taxpayer reporting of purchase price allocations in taxable asset acquisitions.
ASC 606 practical expedient for private-company franchisors

ASC 606 practical expedient for private-company franchisors

A recent ASU addresses the accounting by a private-company franchisor for certain pre-opening services provided to a franchisee.
Court holds fuel mixture credit must first offset excise tax liability

Court holds fuel mixture credit must first offset excise tax liability

Tennessee district court holds credit against fuel excise taxes, reduces excise tax liability and must be deducted from production costs.
SPAC mergers and going public: Hyliion’s path to the NYSE

SPAC mergers and going public: Hyliion’s path to the NYSE

With the uptick of SPAC mergers, this Texas truck electrification business recently went public via a SPAC with the help of RSM.
OPEC’s response to a drop in demand

OPEC’s response to a drop in demand

According to recent data, gas prices for consumers peaked in late 2018 as the global manufacturing recession took hold.
Health care and life sciences deal flow

Health care and life sciences deal flow

This year, the health care sector could not even wait until the second full week of January to kick off an acquisition announcement spree.
Mitigating the risks of common fraud schemes

Mitigating the risks of common fraud schemes

The Anti-Fraud Collaboration recently analyzed SEC enforcement actions regarding financial statement fraud schemes.
Additional updates to Coronavirus: Financial reporting considerations

Additional updates to Coronavirus: Financial reporting considerations

Our white paper has been updated to reflect recent financial reporting developments resulting from the Coronavirus pandemic.
IRS launches new option to submit Forms 2848 and 8821 online

IRS launches new option to submit Forms 2848 and 8821 online

The IRS launched a new option to electronically submit third-party authorization forms with either handwritten or electronic signatures.
Final section 163(j) regulations helpful for multinational businesses

Final section 163(j) regulations helpful for multinational businesses

Partially finalized regulations on business interest expense deductions provide helpful clarifications for multinational businesses.
Chicago provides narrow guidance on Wayfair economic nexus

Chicago provides narrow guidance on Wayfair economic nexus

A new nexus safe harbor is available for remote sellers making under $100,000 of sales to Chicago customers in the previous four quarters.
Elections required for LIBOR-based hedging relationships

Elections required for LIBOR-based hedging relationships

Certain expedients available under ASC 848 may be relevant now to entities that hedge LIBOR-based debt instruments.
OECD releases guidance on COVID19 transfer pricing adjustments

OECD releases guidance on COVID19 transfer pricing adjustments

The OECD’s guidance illustrates how the pandemic may impact arm’s length results, including lower profits and even losses.
Importance of competitive total rewards packages pre and post Covid-19

Importance of competitive total rewards packages pre and post Covid-19

Successful organizations must now strategically leverage their benefits programs to become an employer of choice.