Malav Sheth, CPA, MBA

Worth a listen: In the latest episode of the Capital Markets Pulse Podcast, Dennis McGowan, VP of Professional Practice at the Center for Audit Quality, shares his thoughts on the latest developments impacting the audit profession. From the SEC’s final climate rule to the active standard setting agenda of the #PCAOB, get up to speed on some of the latest public company auditing issues. https://bit.ly/3VJWk9c #publiccompanyauditing #accounting #audit #CPAmatters #financialdisclosures

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Check out this great read from Mike Varney, CPA, CIA and The Institute of Internal Auditors Inc.

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SNF Value-Based Purchasing (VBP) - review your FFY2026 Score Report. Federal Fiscal Year 2026 "Early Look Performance Score Report" for SNF VBP Program is now available for download from Internet Quality Improvement and Evaluation System (iQIES). CMS is planning to assess facilities' performance on a number of quality measures, as compared to a single measure. As a reminder, SNF's Medicare A payment to SNFs with 25 or more Medicare A admissions per year is adjusted for VBP, and the adjustment could be favorable (increase in reimbursement rate) or unfavorable (reduction of payment). We recommend facilities download and carefully review the report to gain an insight into their past performance on the four quality measures and model performance. Questions could be addressed to iqies@cms.hhs.gov (report access) or 800-339-9313. Instructions for submitting corrections requests are on CMS website: https://lnkd.in/eeBqnYtE

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We have received scores from National Association of State Boards of Accountancy (NASBA) and AICPA for core #CPAExam sections (AUD, FAR and REG) taken Jan. 10-March 26. This is the first score release for core sections since the launch of #CPAEvolution. #surprisescorerelease #cpaexamlife

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The April Public Policy and Technical Alert highlights recent public policy and accounting updates, including a reconstituted task force from the Financial Accounting Standards Board, the AICPA 's innovative program to ease the attainment of CPA education, and more. Take a look: https://bit.ly/3WsI9pu

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Read this article from Forvis Mazars for details on regulations for S corporation ESOPs in IRC Section 409(p): https://bit.ly/4eWd844

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A new analysis from the Center for Audit Quality provides insights into financial restatements trends from 2013-2022. Along with topline data, the report also explores trends in the characteristics of companies that announce restatements and the types of accounting issues that most frequently contribute to restatements. #financialreporting #auditquality https://lnkd.in/e-YQ6jZJ

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PwC's 2024 Taxing Times Survey is open! The primary goal of this survey is to evaluate corporate #taxpayers’ interactions and experiences with #SARS. Participate in the survey today.

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There’s an incredible number of challenges facing tax departments today. Leaders are experiencing new levels of uncertainty, from different technologies entering the market to ongoing regulatory changes – and this is only the beginning. The 2024 KPMG US CTO Outlook study underscores the need for tax departments to remain agile and data-driven in today’s environment to stay ahead. Read more insights in the report here: https://lnkd.in/eDkSWMX4

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An AICPA director who has closely followed corporate reporting on climate issues explains the new SEC rule’s importance for financial statement preparers and auditors. Read the JoA Q&A or listen to the transcript here: https://ow.ly/g2qv50RMYgA Shout if we can help you with your ESG reporting and compliance!

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#AccountingTip 💡Prioritize Internal Audits Regular auditing provides crucial financial health insights, enabling informed decision-making and preparing for potential business challenges, thus ensuring the smooth functioning of your organization. 🚀 Build Better, Bigger, and Faster Growth and Profits! https://lnkd.in/gNRnpZrn #cfo #ceo #abm #accounting #finance #business #virtualcfo #entrepreneur #accountingservices

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In this article from Forvis Mazars, get details on #GASB Statement 103, which updates requirements for management’s discussion and analysis, unusual and infrequent items, proprietary fund statement, component unit, and budget presentation. State and local government leaders should be aware of the effort involved in applying these changes for financial statements.

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In the intricate world of tax planning and corporate organization, I’ve observed firsthand the profound influence strategic corporate organizations can wield over businesses’ financial health and tax efficiency, particularly within family-owned enterprises in Canada.

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Given the complexity of tax regulation navigation and compliance maintenance for nonprofit organizations, the House Committee on Ways and Means has taken proactive measures to reinforce transparency and regulatory adherence, initiating a public inquiry into how tax-exempt organizations align with Section 501 regulations. #NonprofitCompliance #TaxRegulation #TransparencyInitiative

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A new initiative, Controllers for a Cause™ Scholarship Fund, seeks to support the CPA pipeline with scholarships for students sitting for the CPA Exam. The fund is a program developed by the Controllers Council™ and AICPA. Learn more here: https://ow.ly/223050St4Uh #AICPA #CPA #Scholarship #Accounting #ControllersForACause

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Understanding the regulations for S corporation ESOPs in IRC Section 409(p) and navigating compliance can be difficult. Read this article from Forvis Mazars to learn more: https://bit.ly/4eWd844

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Friends, join us on May 23rd for a timely discussion on Federal Credits & Incentives and how they can benefit your cash flow. We are excited to have Sheila Anderson and Allen Tobin, superstars of the Credits and Incentives practice at Frazier and Deeter, leading the conversation. Learn about a variety of ways you may be able to take advantage of these important Federal Credits and Incentives. Don't miss out on this opportunity to gain valuable insights. #taxcredits #R&DTaxCredit #CreditsandIncentives #EnergyCredits

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