Upcoming Changes to the Measure of Inventory

Confucius said, “Life is really simple,but we insist on making it complicated”. This truth can be said for the accounting profession and some of its related accounting pronouncements. With complex derivative instruments, hedging transactions, share-based compensation,...

Capitalize on the Hot M&A Market?

Last year, the value of Merge & Acquisition (M&A) transactions reached a record high with aggregate deals in excess of $4.8 trillion. This exceed the previous high in 2007 which surprassed $4.1 trillion. Read More

Who is Watching Over your Finances?

The Securities and Exchange Commission (SEC) requires all listed companies to have an audit committee (or equivalent) as part of its Board of Directors. Highly effective audit committees are comprised of “independent” members with at least one financial expert. Read...