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Close Out the Year With Recast Financial Statements

PCE

For many of us, the end of the year is a time for reflection—and for most businesses, it is a critical juncture. Owners look back on the previous year and forward to the year ahead, with an eye toward making necessary tweaks and building on past success.

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SEC Adopts Final Amendments for M&A Financial Statement Disclosure

Cooley M&A

Yesterday, once again without an open meeting, the SEC voted (with a dissent from Commissioner Allison Lee) to adopt amendments to the requirements for financial statements relating to acquisitions and dispositions of businesses. Read full article. The final amendments will become effective on January 1, 2021. Contributors.

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The All-Important Forecast: Six Reasons to Prepare Financial Statement Projections

PCE

As a busy business owner or financial executive, you may be tempted to trim nonessential tasks from your to-do list by asking a crucial question about each undertaking: What’s in it for me or my company? That’s a good place to start when considering whether your company should compile periodic business forecasts.

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Audit Evidence

Wall Street Mojo

read more , and other requirements to express his opinion on the objective and unbiased view of the company’s financial statements during the period under consideration. This may involve contacting third parties, such as banks or suppliers, to corroborate the details presented in the financial statements.

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Financial Modeling and Analysis in Mergers and Acquisitions with Paul Barnhurst

How2Exit

Paul also shares insights on how to evaluate the financial health of a business during the due diligence process and highlights the value of accurate and transparent financial statements. rn Key Takeaways: rn rn Regularly reviewing financial statements is crucial for business success and decision-making.

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What Are Assertions In Auditing?

Peak Frameworks

In the world of finance, auditing plays a crucial role in ensuring the accuracy and reliability of financial statements. Central to the audit process are assertions, which serve as the foundation for auditors to assess the validity and completeness of financial information.

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Securing the Season, Preventing Holiday Cybercrime and Fraud

FineMark

Department of Treasury’s Office of Cybersecurity and Critical Infrastructure Protection recently published an article “Securing the Season: Preventing Holiday Cybercrime and Fraud,” accompanied by a helpful video from us that highlights common holiday scams and provides valuable insights on how to avoid falling victim to them.