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FASB Changes Guidance on Determining the Accounting Acquirer of a Variable Interest Entity

The Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2025-03,...

The OBBBA will soon eliminate certain clean energy tax incentives

For some time, President Trump and the GOP have had their sights on repealing many of the tax...

BDO Bulletin: FASB Clarifies the Accounting for Share-Based Consideration Payable to a Customer

In response to stakeholder concerns about diversity in current accounting practice for share-based...

How will the One, Big, Beautiful Bill Act affect individual taxpayers?

The One, Big, Beautiful Bill Act (OBBBA) includes, among many other things, numerous provisions...

Implications of Proposed Tax Bill for Tax-Exempt Organizations

The House Ways and Means Committee approved a sweeping tax bill on May 14 with proposed changes...

The One, Big, Beautiful Bill Act extends many business-friendly tax provisions

The One, Big, Beautiful Bill Act (OBBBA) includes numerous provisions affecting the tax liability...

The Role of Technology in Finance and Accounting: Bridging the Gap with Outsourcing

Have recent technological innovations disrupted finance and accounting functions? It’s true that...

New SEC Regime Signals a Shift in Regulatory Focus

How a new approach to rulemaking could impact asset managers Prior to the confirmation of Paul...

President Trump signs his One, Big, Beautiful Bill Act into law

On July 4, President Trump signed into law the far-reaching legislation known as the One, Big,...

Auto Dealerships May be Running out of Time to Recover Losses

Nearly a year ago, a major cyberattack disrupted operations across many auto dealerships. In the...