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Recent Articles
Accounting for Economic Disruption: Natural Disasters
June 19, 2025 By Elizabeth K. Lewis, CPA, Partner Key Takeaways The Financial Accounting Standards Board (FASB) provides a framework for recognizing the effects of involuntary loss of assets due to events like natural disasters. Accurate documentation and compliance...
Should I do ATT?
Good evening, I'm deciding whether to study ATT alongside AAT.I'm currently finishing up AAT L2 with a local college and my long-term ambition is to get on the ACA/CTA pathway with a reputable employer. My question is; is it worth doing the ATT qualification alongside...
Paper Tax Returns
I have a couple of (ex Civil Service) clients who still need to submit paper tax returns. I understood that online filing was now availalbe to all. However, whenever I try to file online, I am never successful. I have contacted my software supplier but they do not...
CIOT proposes overhaul to its qualification exams
The Chartered Institute of Taxation (CIOT) has launched a consultation into the future of the Chartered Tax Adviser (CTA) qualification, proposing a modernised structure for aspiring tax professionals. Heralded by many in the biz, including lifelong tax afficionado...
SEC Adopts Changes to Narrow Broker-Dealer Exemptions to FINRA Membership
May 5, 2025 By Courtney K. Corallo, CPA, Business Assurance & Advisory Services Senior Manager Over-the-counter securities transactions are subject to oversight by FINRA On August 23, 2023, the Securities and Exchange Commission (SEC) adopted amendments that...
Broker-Dealer Audit Inspections: Key Insights from the PCAOB
May 2, 2025 By Courtney K. Corallo, CPA, Business Assurance & Advisory Services Senior Manager PCAOB inspection report findings can be a useful resource for broker-dealers Per the most recent FINRA Industry Snapshot Report, there were 3,378 broker-dealers...
Switching 401(k) Providers – How to Change Recordkeepers, Custodians and Payroll Providers
Switching your 401(k) plan providers can be a complicated affair. Changing to a new recordkeeper, custodian or payroll provider can have a direct impact on your 401(k) plan audit, requiring thorough planning to keep both current and upcoming audits moving smoothly...
Internal Controls in the Construction Industry
April 28, 2025 By Teresa Marangon, CPA, Business Assurance & Advisory Services Manager Managing potential internal control risks Five years ago, the COVID-19 pandemic abruptly changed not only everyone’s everyday lives, but also the workplace. Companies went from...