Research
ASU 2023-08 adoption became mandatory for fiscal years beginning after December 15, 2024, which means calendar-year public companies have been reporting crypto assets at fair value through net…
Research
CPA firm private equity has fundamentally restructured the US public accounting market since the August 2021 EisnerAmper recapitalization broke the partnership-only dam. As of publication, The Ledgerism Brief…
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Financial statement fraud red flags are the patterns auditors, audit committees, and investigators look for when assessing whether reported numbers can be trusted. The AICPA Statement on Auditing…
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Forensic accounting sits at the intersection of accounting, investigation, and law, and it is the discipline that gets called in when something has gone wrong with the numbers.…
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The R&D tax credit is the federal incentive under IRC Section 41 that lets a taxpayer claim a credit equal to 20% of qualified research expenses over a…
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Section 1202 QSBS is the federal tax provision that lets shareholders of a Qualified Small Business exclude up to 100% of the gain on the sale of their…
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Crypto tax accounting starts from a settled IRS position: digital assets are property, every disposition is a realization event, and the gain or loss reported on Form 8949…
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FASB ASU 2023-08 digital assets accounting moves qualifying crypto holdings from a cost-less-impairment model to fair value with changes recorded in net income each period. The standard takes…
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Internal controls testing is the systematic evaluation of whether a company’s controls are designed to prevent or detect material misstatements and whether they actually operated effectively during the…
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A SOC 2 audit is an independent examination of a service organization’s controls against the AICPA Trust Services Criteria, and in 2026 it has become the de facto…