Core Insights - Grunberg has promoted Charlotte Lishman, Jamie Breslaw, and Avilasha Khanal to partner positions as part of its strategy to develop workforce and support company growth [1][2] - The new partners have a strong track record in client service and have contributed significantly to the firm's progress [2][3] - Grunberg emphasizes employee development aligned with company principles, showcasing commitment to clients and the firm [2][3] Company Overview - Grunberg, established in 1990, provides accountancy services primarily to owner-managed businesses in North London [3] - The firm offers a wide range of services including audit, business compliance, exit strategies, business planning, cashflow management, and technology consultancy [4] - Additional services encompass international accounting, expat tax advice, payroll administration, personal tax planning, and R&D tax relief advice [5]

Core Viewpoint - The Financial Accounting Standards Board (FASB) is modernizing corporate crypto reporting by addressing the complexities of accounting for digital asset transfers, aiming to establish clearer derecognition rules for companies [2][3][4]. Group 1: FASB's New Project - FASB has added a new crypto-focused project to its technical agenda to clarify how businesses should account for crypto asset transfers and when these assets can be removed from balance sheets [2][4]. - The initiative responds to feedback from companies and auditors regarding the inadequacy of current rules in addressing the practical realities of crypto transfers [4][5]. Group 2: Inconsistencies in Reporting - The project aims to resolve "inconsistent and non-intuitive" reporting practices stemming from unclear derecognition rules, which dictate when an asset is considered transferred and no longer on a company's books [3][4]. - The accounting consequences of moving digital assets depend on custody arrangements, blockchain confirmation, and the actual shift of control [5]. Group 3: Broader Framework for Crypto Activity - FASB's increased activity reflects a broader effort to create a consistent framework for the rising volume of crypto activity in corporate filings [6]. - The urgency for modernization has intensified following FASB's fair-value accounting mandate, effective for fiscal years starting after December 15, 2024, requiring companies to report qualified crypto assets at market value quarterly [6][7]. Group 4: Impact on Corporate Crypto Adoption - The new accounting standards allow gains and losses to flow directly into earnings, providing investors with a real-time view of digital asset exposure, which supporters argue removes barriers to corporate crypto adoption [7].

Core Insights - The U.S. Financial Accounting Standards Board (FASB) has unanimously decided to add a new project to its technical agenda to address accounting for cryptocurrencies, marking the third initiative in this area [3][6] - The new project will consider how companies should account for transfers of crypto assets, including wrapped tokens and receipt tokens, and may expand the scope of previous guidance on digital assets [6] Group 1: FASB Actions - The FASB's decision was influenced by stakeholder feedback, including comments from the President's Working Group on Digital Asset Markets and a formal request from the Crypto Council for Innovation [4] - This initiative follows the FASB's earlier guidance from two years ago, which required companies to report qualifying crypto assets using the fair value accounting method, a shift from treating them as intangible assets [5] Group 2: Broader Implications - The board's members expressed a commitment to providing accounting standards that enhance transparency and reflect better economic realities, regardless of differing views on cryptocurrencies [6]

The CFO Centre has appointed Natalie Garfield as its newest chief finance officer (CFO) to support businesses throughout South Wales. Garfield’s career spans more than 20 years and includes roles in manufacturing, education, local government, consulting and healthcare. She began her professional journey in South Wales, working with manufacturing firms such as Bosch and Hoover, before qualifying as a CIMA accountant and moving into management accounting. Prior to joining The CFO Centre, Garfield was fina ...

Grant Thornton is considering options for its Indian unit, including a possible minority stake sale or a merger with its operations in the US or Europe https://t.co/LLgWkZIhih ...

对首次被投诉举报或发现涉嫌低价低质行为的事务所，市注协督促其进行审计质量自查。对一年内两次 及以上被举报或发现涉嫌低价低质行为的事务所，省、市注协分工进行提醒告诫，督促其依法依规承揽 业务和保证审计质量。其中，省注协负责对全省百强事务所开展提醒告诫，市注协负责对本地区其余事 务所开展提醒告诫。 同时，省注协将跟踪监测统一监管平台审计报告收费信息及网上中介服务超市、政府采购智慧云平台中 事务所投标报价等信息。未按照《会计师事务所执业许可和监督管理办法》（财政部令第97号）规定期 限及时、准确报备业务审计报告收费信息的，将记入会员诚信档案并予以重点监管。此外，省注协将结 合事务所年度报备工作收集各事务所人员工时收费信息，开展监测分析作为低价低质行为检查处理的参 考。 南都讯 记者卢婉珊近日，记者从广东省注册会计师协会（以下简称"省注协"）获悉，为进一步规范行 业审计秩序和提升审计质量，广东省注册会计师行业启动了"内卷式"竞争综合治理工作。通过建立投诉 举报、收费监测、日常提醒告诫三类机制，重点查处低价低质审计行为，多举措规范行业秩序，助力行 业高质量发展，更好服务全省经济社会发展。 当前，省注协已设立投诉举报渠道 ...

BOLINGBROOK, Ill., Nov. 15, 2025 (GLOBE NEWSWIRE) -- When it comes to launching or growing a company, one of the most crucial early decisions any small business owner must make is selecting the right business structure. According to a HelloNation article, this choice has far-reaching consequences for taxes, operations, and long-term planning. Karen Eberhart Metcalfe of Eberhart Accounting Services, PC in Bolingbrook, Illinois, shares her professional insights on the differences between an LLC and an S-Corp, ...

This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. The Financial Accounting Standards Board has averted political pressure to rescind income tax disclosure rules (Topic 740) issued in 2023, with the spending bill signed into law this week by President Donald Trump not including a provision tucked in an earlier proposal that threatened FASB funding if it did not withdraw the standard.    While FASB is an independent entity fu ...

From my perspective, it's not necessarily about automating accountants wholesale. It's about empowering them to automate some of the boring work that I did back in back in the day when I was doing the job and really shifting the role to be a little bit more like a technologist and less like a number cruncher or a bean counter. >> A lot of my guests, whether it was in legal or banking, they they make the same case, but we're empowering our employees.>> Yeah. >> And I have to raise an eyebrow. Really.I mean, ...

AI in Accounting - Floqast CEO 认为会计行业存在利用 AI 转变角色的巨大机会 [1] - AI 技术可用于填补美国会计行业的人才缺口 [1]