Third Quarter 2020 Accounting & Assurance Update Alert | Sep 16, 2020 More About | Audit, Reviews & Compilations | Assurance | Risk & Regulatory The developments included in this Accounting and Assurance (A&A) Update are intended to be a reminder of recently issued accounting and auditing standards and other guidance that may affect our clients in the current reporting period. This quarterly A&A Update is intended as general information and should not be relied upon as being definitive or all inclusive. Read More
GrowthCast Episode 34: Virtual Inventory Observations Podcast | Sep 02, 2020 More About | Manufacturing & Distribution | Retail | Audit, Reviews & Compilations | Assurance | Risk & Regulatory | COVID-19 Partner, Gareth Montague-Smith discusses the challenges that COVID-19 has had on physical inventory observations and provides examples of virtual inventory audit methods and the associated complexities. Read More
SBA Releases Interim Final Rule Regarding Rent and Nonpayroll Costs Alert | Aug 25, 2020 More About | Assurance | Tax | Risk & Regulatory On Aug. 24, 2020, the U.S. Small Business Administration (SBA) released a new Payroll Protection Program (PPP) Interim Final Rule (IFR) regarding Treatment of Owners and Forgiveness of Certain Nonpayroll Costs. Discussion below highlights the key points from this IFR. Read More
ASC 842 Implementation Challenges Create the Need to Act Now Webinar Recording | Virtual - Webinar More About | Audit, Reviews & Compilations | Assurance | Lease Accounting | Risk & Regulatory | COVID-19 Due to the pandemic, FASB delayed the effective date of ASC 842 by an additional year for entities who had not already adopted the standard. Implementation can be challenging and time consuming. Join DHG's Gareth Monatgue-Smith and Liz Gantnier for a discussion of the many decision points along the path to ASC 842 and why it's best not to postpone implementation! Read More
Maintaining the SOC Environment During the COVID19 Pandemic Webinar Recording | Virtual - Webinar More About | Financial Services | Insurance | Technology & Life Sciences | Audit, Reviews & Compilations | Assurance | SOC 1 and 2 Services | COVID-19 Organizations began the year with a positive outlook, only to have the effectiveness of their SOC environments become a top priority in recent months with the evolution of COVID-19. Now in the midst of SOC examination reporting periods, it is clear that the pandemic has or will impact the issuance and reliance on SOC reports in 2020. The session will cover aspects of issuing a SOC report as well as evaluating reports obtained from vendors. Topics covered will include the following: Read More
Internal Control Considerations in the COVID-19 New Normal Webinar Recording | More About | Financial Services | Insurance | Manufacturing & Distribution | Retail | Technology & Life Sciences | Assurance | IT Advisory | Risk Advisory | Mergers & Acquisitions | Revenue Recognition | Lease Accounting | Performance & Growth | Risk & Regulatory | CECL | COVID-19 Companies should consider changes to their internal control structures as a result of the COVID-19 pandemic. Those public companies reporting on Internal Controls over Financial Reporting (ICFR) in their quarterly and annual financial statements should consider the impact of COVID-19 on their ICFR/Sarbanes-Oxley (SOX) functions. Read More