Worldwide: Accounting Standards

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Accounting law and audit law thought leadership, articles, podcasts, videos and webinars from expert sources across the legal world. Explore insights covering topics that involve accounting and audit law from specialists working in this area every day.

Treasury Department Seeks Comment On Methods To Detect Illicit Activity Involving Digital Assets

Welcome to Goodwin's Financial Services News Roundup. Our newsletter highlights important legal, regulatory, and business developments related to financial services and banking.

United States Finance

GP

Goodwin Procter LLP

PCAOB Delays Implementation Of QC 1000 Until December 2026

The Public Company Accounting Oversight Board (PCAOB) announced yesterday that the effective date for QC 1000, A Firm's System of Quality Control, would be delayed until December 15, 2026...

United States Accounting

W

WilmerHale

Deals Turned Sour – When Post-Closing Performance Does Not Meet Pre-Closing Expectations

Prior to acquiring a business, a buyer often performs due diligence and analyzes the company's historical financial results. Following the closing of the deal, the company's reported performance...

United States Commercial

AM

Alvarez & Marsal

Unlocking Value In The MedSpa Sector: A Financial Due Diligence Perspective

The medical spa (medspa) industry is experiencing a surge in consumer demand, driven by evolving beauty standards, wellness trends, and the rise of cash-pay healthcare models.

United States Finance

AC

Ankura Consulting Group LLC

Accounting Tips For Startups: Setting Up Financial Systems For Success

United States Accounting

MG

MGO CPA LLP

Partnerships Gain CAMT Alternative

United States Tax

CW

Cadwalader, Wickersham & Taft LLP

4 Critical Tax And Accounting Considerations For Cannabis And Hemp Contract Manufacturing Arrangements

United States Cannabis

MG

MGO CPA LLP

EBA's Draft Regulatory Technical Standards Elaborate On Requirements For EU Branches Of Non-EU Banks

United States Finance

AO

A&O Shearman

FERC Enforcement Expands Its Name; But Will It Expand Its Work?

United States Accounting

SJ

Steptoe LLP

Navigating Q2 2025: Essential Income Tax Accounting Insights

AM

Alvarez & Marsal

SEC Names Acting Chair Of The PCAOB

United States Commercial

GP

Goodwin Procter LLP

Beyond External Audits: Understanding When And Why Organizations Need Forensic Auditors

United States Accounting

AC

Ankura Consulting Group LLC

Comment Letter On FASB Agenda Consultation

United States Accounting

R

Riveron

PCAOB Survives And Continues To Share Guidance With Audit Committees

United States Accounting

W

WilmerHale

ABA Labor & Employment Law Podcast

United States Immigration

Gs

Green and Spiegel

Artificial Intelligence 2025 - Trends And Developments

United States Technology

SJ

Steptoe LLP

Arbitration Essentials: How To Initiate And Navigate An International Arbitration, Part 2: Hearings

United States Litigation

J

JAMS

Citizenship Updates: Nationwide Injunctions Affecting Birthright Citizenship Limited And New DOJ Priorities To Denaturalize U.S. Citizens

United States Immigration

Gs

Green and Spiegel

Analysis Of The 2025 Federal Tax Changes Under The "One Big Beautiful Bill" Legislation

B

BakerHostetler

Key Tax Provisions Of The 'One Big Beautiful Bill' – What CFOs And Accounting Teams Should Know

Business leaders, tax department heads, and other accounting professionals are moving swiftly to understand the implications of the latest tax

United States Tax

R

Riveron

SEC Reevaluates Controversial Market Surveillance Tool Amid Legal And Industry Pushback

In a move that signals regulatory recalibration, the Securities and Exchange Commission (SEC) has paused litigation surrounding its Consolidated Audit Trail...

United States Commercial

AP

Anderson P.C.

Q2 2025 Accounting Advisory Guide: Navigating FASB Updates, SEC Shifts, And Market Sentiment

For accounting leaders and financial reporting teams, Riveron accounting advisory professionals round up the latest insights, examine evolving accounting standards, and explore relevant business trends.

United States Accounting

R

Riveron

IRS Updates List Of Automatic Accounting Method Changes; Foreign Income Taxes And Reward Programs Impacted

On June 9, 2025, the IRS released Rev. Proc. 2025-23, which updates the list of accounting method changes — previously in Rev. Proc. 2024-23 — that qualify for the automatic change procedures under Rev. Proc. 2015-13.

United States Tax

AM

Alvarez & Marsal

EV Registrations Fall In April For First Time In 14 Months

Canada Transport

CM

Crowe MacKay LLP

CRA Communications For Businesses: Mandatory Transition Starting May 2025

BM

Bateman MacKay LLP

IPO Journey: How To Prepare As Regulators Aim To Ignite Markets

United States Commercial

AM

Alvarez & Marsal

Meet The 2025 Power Leaders In Law & Accounting (Part 1)

United States Accounting

KR

Kaufman Rossin

Supreme Court Urged To Hear Case With Potential To Alter Materiality Standard For Alleging Securities Fraud Against Auditors

United States Accounting

BS

Ballard Spahr LLP

Comment Letter On FASB Proposed – Accounting For And Disclosure Of Intangibles

United States Accounting

R

Riveron

Seamless Audit, Tax, And Advisory Support During Peak Workload Periods

United States Accounting

Nexdigm USA

Navigating Tariffs And Supply Chain Challenges In Construction

Canada Real Estate

RS

RSM Canada

Can Companies Use "Mass Balance Accounting" To Substantiate Green Claims?

United States Accounting

KD

Kelley Drye & Warren LLP

Toyota Bets Big On Plug-in Hybrids As EV Adoption Slows
Automotive Weekly

Canada Transport

CM

Crowe MacKay LLP

Seamless Audit, Tax, And Advisory Support During Peak Workload Periods

A US-based, innovation-focused CPA firm experienced a sharp rise in audit and tax engagements during its peak season. Internal bandwidth was limited, and there was a pressing need for technically sound...

United States Accounting

Nexdigm USA

Navigating Tariffs And Supply Chain Challenges In Construction

Tariffs and rising prices will impact segments of the construction industry differently, but no sector is immune from disruption when input costs increase.

Canada Real Estate

RS

RSM Canada

Can Companies Use "Mass Balance Accounting" To Substantiate Green Claims?

VThe International Bottled Water Association (or "IBWA") challenged over 50 express and implied claims by Boxed Water is Better (or "BWIB"), suggesting that boxed water is better for the environment.

United States Accounting

KD

Kelley Drye & Warren LLP

Toyota Bets Big On Plug-in Hybrids As EV Adoption Slows
Automotive Weekly

This information that follows is taken from sources including The Car Connection, Autoweek, Green Car Reports, and other industry sources.

Canada Transport

CM

Crowe MacKay LLP

Clauses d'indexation sur les bénéfices futurs dans le cadre de fusions et acquisitions de sociétés fermées : Négociation, rédaction et stratégie

Canada Commercial

FF

Fasken (French)

How Outsourced Accounting Can Strengthen Your FP&A Strategy

Outsourced accounting provides real-time financial data and insights to support agile FP&A.

United States Accounting

MG

MGO CPA LLP

When Do I Need A Tax Or Trade Lawyer?

In my 35+ years of experience, I have seen the tax world evolve quite a bit. It used to be that tax or trade lawyers were engaged very early on in most disputes. Usually at the time of audit.

MK

Millar Kreklewetz

Multimillionaires Might Face Higher Taxes Under Trump. Here Are The Money Moves They Could Make Now To Trim Their Tax Bill.

As President Donald Trump has unveiled wide-ranging tariffs since taking office in January, the money saver's playbook has become clear: Move fast on big-ticket purchases before tariffs made them costlier...

United States Tax

KR

Kaufman Rossin

Cambios Legislativos Clave Para Las Sociedades De Seychelles

Seychelles es reconocida por su marco flexible y favorable para las International Business Companies (IBC).

Panama Commercial

IG

Icaza Gonzalez-Ruiz & Aleman

Must-Know Legislative Changes For Seychelles Companies

Panama Commercial

IG

Icaza Gonzalez-Ruiz & Aleman

AI Empowers Law And Accounting Firms To Deliver Speedier Services

United States Accounting

KR

Kaufman Rossin

Participations In The Fund Finance Market

United States Finance

MB

Mayer Brown

Is Your 501(c)(3) Audit-Ready?

United States Accounting

CM

Crowell & Moring LLP

PCAOB Overreach – Proposal To Expand Secondary Liability Exposes Potentially Fatal Lack Of Statutory Authority

United States Commercial

FH

Foley Hoag LLP

Chad v The King – Losses, Expenses Arising From Transactions That Are Not 'Sufficiently Commercial' May Be Ineligible To Reduce Your Income Tax

RS

Rotfleisch & Samulovitch P.C.

Automobile Parts—Import Adjustment Offset To Section 232 Duties

United States International

PC

Perkins Coie LLP

GAO and OIG to Investigate the CFPB's Recent Staff Reductions

United States Finance

HK

Holland & Knight

How CFOs Can Lead The Future And Outpace The Competition [With Infographic]

Alexa Translations

Subleasing Your Office Space? You May Have Triggered An Impairment Of Right-of-Use Assets

United States Accounting

ML

Marcum

Practical Strategies For Emerging Leaders EP31 Beth Wilson (Podcast)

Canada Strategy

Alexa Translations

Comment Letter On The Proposed Accounting Standards Update For Environmental Credit Programs

United States Accounting

R

Riveron

2025 Best-In-State CPAs

United States Accounting

KR

Kaufman Rossin

Navigating The Complex Terrain Of Accounting For Warrants To Customers: A Guide To GAAP Compliance

United States Accounting

ML

Marcum

409A Valuations: Understanding The Impact On Stock-Based Compensation

United States Accounting

ML

Marcum

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Latest Videos

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How Should Accountants Respond To Subpoenas (Video)

WE

Wilson Elser Moskowitz Edelman & Dicker LLP

Insider Threats: Identifying And Mitigating Risks From Within (Video)

CM

Crowe MacKay LLP

Accounting In Mexico And Tax Compliance Requirements (Video)

BL

Biz Latin Hub Group

Startups: How To Avoid Fundraising, Legal, And Accounting Pitfalls (Video)

FL

Foley & Lardner

Coronavirus Market Volatility – Goodwill Impairments Should Not Be A Foregone Conclusion (Video)

Da

Duff and Phelps

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