SOC Tip #37

SOC 2  and SOC 3 adoption is rapidly growing where vendor risk management concerns are more focused on Privacy, Security, Availability, Confidentiality, and processing Integrity availability than financial reporting risks.

Changes to Hedge Accounting Proposed by FASB

The Financial Accounting Standards Board (“FASB”) has long received feedback from its users regarding the burden and complexity related to the requirements laid out under ASC Topic 815, Derivatives and Hedging.

Say Goodbye to Automatic Extensions on Most W-2 Series Forms

The IRS has released temporary regulations (TD 9730) that allow a single 30-day non-automatic extension to file nearly all forms in the W-2 series.

Sign up for our newsletter

Stay up to date on tax and accounting news and updates