Dec. 2, 2021

MEMBERS IN THE NEWS
(David Cieslak, Charles Rettig, Ric Rosario and Geni Whitehouse mentioned.)
The top 100 most influential people in accounting
The thought leaders, change-makers, regulators and other leaders who are shaping the profession, and the issues that they face as they chart the future of accounting.
AccountingToday
https://www.accountingtoday.com/100-most-influential-people-and-digital-ad-buy

Nov. 22, 2021

BUSINESS
Global IPOs top $600B in 2021, beating previous record
Roughly 2,850 corporations and special purpose acquisition companies have brought in more than $600 billion of new capital through initial public offerings in 2021 to date, outstripping all previous annual records for both number of deals and funds raised…

Nov. 18, 2021

MEMBER IN THE NEWS
(Mary Kay Foss quoted.)
How muni bond interest can trigger Medicare premium hikes
As investors flock to municipal bonds, also known as muni bonds, the tax-free interest may trigger a costly surprise for higher-income retirees.
CNBC
https://www.cnbc.com/2021/11/17/how-muni-bond-interest-can-trigger-medicare-premium-hikes.html

BUSINESS
ESG: The Financial Reporting Implications
Companies struggle…

Nov. 17, 2021

BUSINESS
SPACs need to restate financial results
Hundreds of special-purpose acquisition companies might have to restate financial information as a result of an accounting issue related to classification of certain shares. When this issue first arose, many audit firms thought errors could be fixed with a revision, but the…

CalCPA

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