Fair Value in Deals: Hot Button in Purchase Price Allocations (PPAs)

by Jon Hunt | Nov 4, 2025 | News & Insights, Uncategorized

Key Highlights for Finance Function Auditors are intensifying their focus on fair value measurements in M&A transactions, particularly in purchase price allocations (PPAs). PCAOB inspection findings consistently cite deficiencies in auditing fair value estimates,...

Change in Accounting for Share-Based Payment Awards to Customers

by Jon Hunt | Oct 30, 2025 | News & Insights, Uncategorized

The Financial Accounting Standards Board issued ASU 2025-04, Clarification to Share-Based Consideration Payable to a Customer (ASU 2025-04) to clarify how to account for share-based awards (e.g., options, warrants, shares) granted to customers as sales incentives with...

SOCF and Disclosure: Increased Scrutiny of the Statement of Cash Flows

by Jon Hunt | Oct 21, 2025 | News & Insights

What is happening Auditors are elevating procedures over the statement of cash flows (SoCF) and related disclosures, with heightened attention on classification judgments, completeness of noncash investing/financing (NCI&F) disclosures, restricted cash...

SEC Comment Letter Trends – Public and Private

by Jon Hunt | Oct 13, 2025 | News & Insights, Uncategorized

The following outlines each of the SEC’s current comment letter focus areas, with a brief explanation of why they matter in today’s environment. These summaries highlight both the long-standing topics that remain consistent year after year and the emerging issues...

Enhanced Disclosure for the Effective Tax Rate Reconciliation and Income Taxes Paid 

by Jon Hunt | Sep 26, 2025 | News & Insights

Accounting Standards Update (ASU) 2023-09, Improvements to Income Tax Disclosures (ASU 2023-09) creates additional disclosure requirements to address stakeholder requests for more information regarding income tax considerations in an entity’s worldwide operations. ...