Worldwide: Accounting and Audit

Divorce proceedings involving significant or complex assets are rarely straightforward. Beyond the emotional and legal dimensions, these cases often hinge on a clear and defensible understanding of financial reality.

For years, revenue recognition was the primary issue cited in allegations of accounting fraud, whether in enforcement investigations or securities litigation.

Consider a court case in which one side presents a chart, report, or a video reconstruction that was created entirely by artificial intelligence (AI).

Drawing on over 20 years of experience in interim management, turnaround, and restructuring, this article identifies 10 critical factors that separate effective CFOs from the rest. From delivering difficult messages with clarity to balancing financial rigor with cultural leadership, these hard-won insights reveal what it truly takes to drive results in one of the most impactful seats in business.

As content creators scale their channels and revenue streams, managing multiple income sources, tax obligations, and business decisions becomes increasingly complex. Discover how building a coordinated financial ecosystem—with business management, accounting, tax planning, and advisory support—can provide the visibility and infrastructure needed to transform creative success into sustainable business growth.

Companies facing financial distress often miss early warning signs that could mean the difference between recovery and insolvency. From maxed-out credit lines and covenant breaches to deteriorating fundamentals and reporting red flags, recognizing these indicators early allows businesses to engage turnaround advisors who bring critical experience and perspective to navigate challenges before they become crises.

Ultra-high-net-worth individuals and families face a valuation environment that is far more complex than simply determining the worth of an asset. In the context of trust, gift, and estate tax planning, valuation becomes a foundational discipline that affects wealth transfer strategy, tax efficiency, compliance, and long-term family outcomes.

In recent years, the accounting profession has been grappling with a concerning trend: a shortage of skilled workers. According to the American Institute of CPAs (AICPA)...

Cybersecurity breaches concerning workers' personal information and retirement savings have increased liability risks for benefit plans and third-party administrators under federal benefits laws.

Unused merchandise drawbacks allow a claimant to recover up to 99% of the duties paid on imported goods that are exported, unused, within five years of importation. 19 U.S.C. § 1313(j)(1); 19 C.F.R. § 190.31(a)-(b)(2025).

The SEC Staff has issued new guidance addressing valuation challenges for private credit and other private assets held by public companies and registered investment companies. The statement emphasizes the need for robust valuation policies, market-based assumptions, and transparent disclosure practices as the private credit market continues to expand. Investment advisers managing private funds should carefully consider how these principles apply to their own valuation procedures and investor communications.

Courts in Delaware and New York recently have dismissed with prejudice parallel putative class actions challenging mutual fund NAV accounting practices. The decisions are important victories for advisers to registered funds. Both cases asserted claims under the Securities Act of 1933, alleging that equity mutual funds misstated NAV by treating accrued dividends and realized capital gains as assets rather than liabilities.