This past week, the SEC announced proposed amendments to codify certain staff consultations and modernize certain aspects of the long outdated auditor independence rules. Specifically, the proposed amendments would concentrate on relationships or services that would most likely impact the audit...
Read MoreLIBOR. The London Interbank Offered Rate. This is the reference rate underlying trillions of dollars of loans, derivatives and other financial instruments. However, after 2021, banks will no longer be required to report the information used to determine LIBOR. Reference rate reform has come about...
Read MoreIf your company has gone through an audit or review before, you know the result is a critical report that will be used throughout the year to communicate with investors, lenders and other key users of your financial statements. You also know the audit process isn’t always simple and...
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