News & Insights
How to Get Out from Under Unapplied Cash
Our first post in this series laid out what unapplied cash costs you: distorted AR metrics, collectors chasing customers who've already paid, audit exposure, and real escheatment risk if the balance...
The Real Cost of Unapplied Cash
This is part one of a two-part discussion on the challenges of unapplied cash and how AI can dramatically reduce your unapplied cash balance and speed up how fast the rest gets applied to open...
Material Weaknesses are Becoming a Finance Capacity Problem
Summary KPMG’s latest material weaknesses study offers a timely signal for CFOs, CAOs, controllers, audit committees, and private equity sponsors: material weaknesses are not just compliance...
2025 Reporting Debrief
Summary A recent review of 2025 Form 10-K filings points to a higher bar for public-company disclosure. The biggest shifts this reporting season were in AI, tariffs and trade exposure, income tax...
Beneath the Footnotes: Why FASB’s DISE Standard Is Really a Finance Transformation Story
The new expense disaggregation rules may look like a disclosure exercise. In practice, they will test whether finance teams can connect cost accounting, policy judgments, systems, and controls well...
GenAI in Finance Is Now an Internal Control Question: What COSO’s New Guidance Means for Public-Company Accounting and Finance Teams
Summary: COSO’s February 26, 2026 publication, Achieving Effective Internal Control Over Generative AI, gives finance leaders a practical way to think about GenAI within the existing COSO internal...
Virtas Partners and Loop Capital Financial Consulting Services Form Strategic Alliance
Chicago, IL — April 27, 2026 — Virtas Partners and Loop Capital Financial Consulting Services, an affiliate of Loop Capital announce a strategic alliance. This alliance enables Virtas and Loop to...
Virtas and RapidCanvas Announce Strategic Partnership to Transform Financial Consulting into AI-Powered Execution
Chicago, IL — April 23, 2026 — Virtas Partners, a consulting firm focused on solutions for the Office of the CFO and M&A enablement, today announced a strategic partnership with RapidCanvas, the...
Public Company Readiness: Going Public. Being Public
Key Highlights for Finance Functions Here are the recurring pressure points related to public company readiness and how you can think about them: PCAOB audit "uplift" procedures cannot be...
Angus Buchanan Joins Virtas as Senior Advisor
Chicago, IL, March 24th, 2026: Virtas Partners, the premier Office of the CFO advisory firm serving the Middle Market, bringing solutions to clients across the business lifecycle, is pleased to...