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

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. ...
Increased Auditor Scrutiny of Financial Statement Disclosures

Increased Auditor Scrutiny of Financial Statement Disclosures

by Jon Hunt | Sep 15, 2025 | News & Insights, Thought Leadership

Key Highlights for Finance Function Auditors and regulators are raising the bar on disclosure quality. From MD&A cause-and-effect analysis to non-GAAP prominence, new FASB requirements income taxes, disclosure hot spots are squarely in the spotlight. PCAOB...
Virtas Partners and Performance Improvement Partners Form Strategic Alliance for Full Lifecycle Support in Middle-Market Private Equity

Virtas Partners and Performance Improvement Partners Form Strategic Alliance for Full Lifecycle Support in Middle-Market Private Equity

by admin.virtas | Aug 25, 2025 | Alliances, News & Insights

Chicago, Illinois — August 25, 2025 — Virtas Partners, an established advisory firm specializing in Office of the CFO solutions and Performance Improvement Partners (PIP), a leading M&A and IT advisor to middle-market private equity firms, today announced a...
Goodwill & Intangibles: Amortization, Impairment, and Audit Hot Spots

Goodwill & Intangibles: Amortization, Impairment, and Audit Hot Spots

by admin.virtas | Aug 15, 2025 | News & Insights, Thought Leadership, Uncategorized

What’s Happening: The debate around goodwill and intangible asset accounting continues to heat up. The FASB has received sustained feedback on whether goodwill should return to an amortization model (as required under IFRS and private company alternatives)...
Tony Saucedo Joins Virtas Partners as Managing Director

Tony Saucedo Joins Virtas Partners as Managing Director

by admin.virtas | May 7, 2025 | Key Hires, News & Insights

Los Angeles, CA – May 7, 2025 – Virtas Partners is pleased to announce the appointment of Tony Saucedo as Managing Director. Tony brings a wealth of experience in private equity and financial services, with a proven track record of driving value creation for investors...
Ara Kebabjian Joins Virtas as Managing Director

Ara Kebabjian Joins Virtas as Managing Director

by admin.virtas | Jan 21, 2025 | Key Hires, News & Insights

New York, NY, January 21, 2025: Virtas Partners, a boutique Office of the CFO and M&A Enablement partner, is pleased to announce that Ara Kebabjian has joined the team as a Managing Director.  Ara brings extensive experience in management consulting and M&A...
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Recent Posts

  • ASU 2025-06 – Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40) (Targeted Improvements to the Accounting for Internal-Use Software) 
  • Year End External Audit Preparedness Checklist
  • Fair Value in Deals: Hot Button in Purchase Price Allocations (PPAs)
  • Change in Accounting for Share-Based Payment Awards to Customers
  • Identifying SG&A Cost Optimizations to Support Financing Extension

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