by Jon Hunt | Jan 21, 2026 | News & Insights, Thought Leadership
ASU 2025-06 updates ASC 350-40 to better fit modern internal-use software development (agile, SaaS, iterative builds) and reduces diversity in practice on when to capitalize vs expense software costs. It eliminates the old “project stage” model, introduces a clearer...
by Jon Hunt | Dec 15, 2025 | News & Insights, Thought Leadership, Uncategorized
This checklist outlines key activities finance leadership teams should consider before calendar year-end to position the organization for an efficient and “no surprises” external audit. 1. Align on Audit Scope, Risks, and Timeline Hold a formal pre–year-end planning...
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,...
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...
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...
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...
