North America: Accounting and Audit

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Accounting law and audit law thought leadership, articles, podcasts, videos and webinars from expert sources across the legal world. Explore insights covering topics that involve accounting and audit law from specialists working in this area every day.
Article
Preparing For Growth: 5 Tax And Audit Considerations Before You Scale
Organizations preparing to scale through hiring, market expansion, or capital investments must establish strong financial controls and tax processes to support sustainable growth. This comprehensive checklist outlines critical steps to strengthen payroll infrastructure, map multi-state tax exposure, align capital expenditures with tax strategy, enhance internal controls, and integrate proactive tax planning into growth initiatives.
United States Accounting
MG
MGO CPA LLP
Article
FASB Proposes New Guidance On Stablecoin Classification As Cash Equivalents And Enhanced Disclosure Requirements
On August 18, 2026, the Financial Accounting Standards Board (“FASB”) issued a proposed accounting standards update (“ASU”) titled Statement of Cash Flows (Topic 230): Cash Equivalents—Disclosure Enhancement and Evaluation of Certain Digital Assets. The proposed ASU seeks to clarify whether certain digital assets meet the definition of “cash equivalents” on the balance sheet, and to increase the transparency of the significant components of “cash equivalents.”
United States Accounting
MB
Mayer Brown
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Credit Control and Cashflow

Article
Federal Banking Agencies Issue Guidance On Lending To Borrowers Without Work Authorization
On July 13, the OCC, FDIC, and NCUA issued interagency guidance addressing lending to individuals who are not legally authorized to work in the United States. Issued pursuant to Executive Order 14406, the guidance reminds supervised financial institutions of existing credit risk management obligations and advises them to consider how employment authorization may affect a borrower’s ability to repay.
United States Finance
SM
Sheppard, Mullin, Richter & Hampton LLP
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Audit

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Forensic Accounting

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Accounting Standards

Article
FASB Proposes New Guidance On Stablecoin Classification As Cash Equivalents And Enhanced Disclosure Requirements
On August 18, 2026, the Financial Accounting Standards Board (“FASB”) issued a proposed accounting standards update (“ASU”) titled Statement of Cash Flows (Topic 230): Cash Equivalents—Disclosure Enhancement and Evaluation of Certain Digital Assets. The proposed ASU seeks to clarify whether certain digital assets meet the definition of “cash equivalents” on the balance sheet, and to increase the transparency of the significant components of “cash equivalents.”
United States Accounting
MB
Mayer Brown
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Latest Videos

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