SOC 2 Reports: Common Control Exceptions and How to Avoid Them

In performing SOC 2 examinations, we often come across the same types of control exceptions. To assist organizations with avoiding these exceptions, we’ve ... read more >

What is the SEC Looking For in Your Internal Control Environment?

This Article was co-written by Nicole Saldamarco At the recent AICPA year-end conference, SEC staff members indicated that they will be looking more closely ... read more >

PCAOB Amends Standards for the Use of Specialists

This article was co-written by Jonathan Grim. In response to more estimates used in financial reporting and the increased use of specialists who determine ... read more >

The End of an Era – LIBOR Interest Rate

The London interbank offered rate (LIBOR) is arguably one of the most important numbers in the finance world. You can find it within most variable-rate ... read more >

Proposed Economic Presence Standards for Philadelphia’s Business Income and Receipts Tax

The City of Philadelphia has drafted proposed economic nexus standards for Business Income and Receipts Tax (“BIRT”) based upon the recent ... read more >

IRS Provides Safe Harbors For Business Charitable Contributions

The Tax Cuts and Jobs Act passed in December 2017 created Internal Revenue Code (“IRC”) §164(b)(6), which limits the annual deduction ... read more >