Accounting Insights

Gain clarity and confidence in your financial reporting with insights from CBIZ. From audit trends to regulatory updates, we provide the guidance you need to strengthen financial oversight and drive smarter decision-making.

Featured

Article

On-Again, Off-Again BOI Reporting Requirements Are Back On
Article
January 20, 2021
ASC 606 and Business Valuation
  • Accounting
January 20, 2021
ASC 606 and Business Valuation

For an appropriate business valuation to be performed, it is important to understand the revenue recognition standards and the effect they may have on your company’s accounting practices.

  • Accounting
Article
January 18, 2021
ASU 2020-06: Streamlined Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity
  • Capital Markets
  • Accounting
January 18, 2021
ASU 2020-06: Streamlined Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity

Current GAAP for convertible instruments contains five methods for determining the proper accounting for convertible debt.

  • Capital Markets
  • Accounting
Article
January 18, 2021
Proliferation of SPACs
  • Capital Markets
  • Audit & Assurance
January 18, 2021
Proliferation of SPACs

Entrepreneurs, hedge fund managers and sports executives are among those who have established SPACs, an increasingly popular method of taking companies public.

  • Capital Markets
  • Audit & Assurance
Article
December 17, 2020
Valuation Considerations in Shareholder Agreement Calculations
  • Accounting
December 17, 2020
Valuation Considerations in Shareholder Agreement Calculations

The buy-sell agreement is easily forgotten at the consummation of a business partnership, but it is important to consider it as your business evolves and nears the point of ownership succession.

  • Accounting
Article
December 15, 2020
Considerations for Profits Interest
  • Accounting, Tax
December 15, 2020
Considerations for Profits Interest

Non-cash compensation is a common form of motivating and engaging vendors, board members, employees and consultants of start-up companies.

  • Accounting, Tax
Article
November 19, 2020
Overcoming Challenges for the Modern Family
  • Accounting, Tax
November 19, 2020
Overcoming Challenges for the Modern Family

There is a great deal for families to consider with regard to tax planning, and further, there are many proposed laws that may affect opportunities and decisions related to today’s modern and blended families, which should be discussed with tax and estate planning advisors.

  • Accounting, Tax
Article
October 19, 2020
Medicare Bad Debts: New Enforcement of a Longstanding Requirement
  • Healthcare
  • Accounting
October 19, 2020
Medicare Bad Debts: New Enforcement of a Longstanding Requirement

Providers should take the necessary steps to ensure that the bad debts reported on their cost reports are accurate and properly supported in accordance with previous and recently clarified regulations.

  • Healthcare
  • Accounting
Article
October 08, 2020
Nonprofit Accounting Standards Update No. 2020-07
  • Not-for-Profit & Education
  • Accounting, Tax
October 08, 2020
Nonprofit Accounting Standards Update No. 2020-07

The FASB has issued an accounting standards update ASU No. 2020-07 for nonprofit organizations that receive contributions of nonfinancial assets, commonly referred to as “gifts-in-kind.”

  • Not-for-Profit & Education
  • Accounting, Tax
Article
September 17, 2020
New Jersey Implements Market-Based Sourcing for Services
  • Accounting
September 17, 2020
New Jersey Implements Market-Based Sourcing for Services

Effective September 8, 2020, New Jersey issued new tax regulations for the allocation of receipts from certain service transactions for the tax years ending on or after July 31, 2019.

  • Accounting
Article
September 02, 2020
Amendments to Financial Disclosures about Acquired and Disposed Businesses
  • Capital Markets
  • Audit & Assurance
September 02, 2020
Amendments to Financial Disclosures about Acquired and Disposed Businesses

The SEC adopted amendments to its rules and forms for public companies that are intended to improve for investors the financial information about acquired or disposed businesses, facilitate more timely access to capital, and reduce the complexity and costs to prepare the disclosures.

  • Capital Markets
  • Audit & Assurance
Article
August 06, 2020
Moving out of New York City? Beware of New York’s Real Estate Transfer Tax
  • Real Estate
  • Accounting
August 06, 2020
Moving out of New York City? Beware of New York’s Real Estate Transfer Tax

As a result of the COVID-19 pandemic, which reached its height in New York this past April, homeowners are now considering leaving the overpopulated areas of New York City and moving to the neighboring suburbs.

  • Real Estate
  • Accounting
Article
July 22, 2020
Selling a Dental Practice
  • Healthcare
  • Accounting
July 22, 2020
Selling a Dental Practice

Although dental practices have been significantly impacted by the COVID-19 crisis in the short term, the demand for dental services was expected to increase prior to the crisis.

  • Healthcare
  • Accounting
Article
June 29, 2020
The CARES Act: Impact on Single Audits
  • Healthcare
  • Accounting
June 29, 2020
The CARES Act: Impact on Single Audits

It is crucial that organizations follow best practices by ensuring that funds received under the CARES Act are used for the intended purpose (i.e. payroll, utilities, etc.), accurately tracked and appropriately supported.

  • Healthcare
  • Accounting
Article
June 12, 2020
Webinar Recap: Paycheck Protection Flexibility Act Updates to PPP Loan Forgiveness
  • Accounting
June 12, 2020
Webinar Recap: Paycheck Protection Flexibility Act Updates to PPP Loan Forgiveness

In this webinar, CBIZ LLP’s Coronavirus Task Force members will provide updated information in regards to the recent changes to the PPP program.

  • Accounting
Article
April 28, 2020
Business Damages – What to Look for in a Business Damages Model
  • Professional Services
  • Audit & Assurance
April 28, 2020
Business Damages – What to Look for in a Business Damages Model

There are many components to a business damages model, and understanding them allows for determining if the model has a good foundation.

  • Professional Services
  • Audit & Assurance