Sep 11, 2020 | International, Tax
By Michael Wu, CPA, CGMA U.S. persons have legal duty to fully comply with U.S. tax laws which include Foreign Bank Account Reporting (“FBAR”) and other foreign information tax returns. This article will discuss the FBAR and most common foreign tax filing requirements...
Sep 1, 2020 | Center for Public Company Excellence, Public & Investor Backed
By Rachel Guan FASB issued the Accounting Standards Update 2020-04 to ease the potential burden in accounting for reference rate reform on financial reporting. This update responds to concerns on structural risks of interbank offered rates (IBORs) and the dangers of...
Aug 27, 2020 | Center for Public Company Excellence, Public & Investor Backed
By Servando A. Osornio Portillo In May 2020 the Securities Exchange Commission (“SEC”) issued final rule to amendment SEC rules and forms to improve their application, assist registrants in making more meaningful determinations of whether a subsidiary or an acquired...
