Did you bank make the list? Here at MCCPA we are gathering information about the banking trouble touching a number of clients and affecting our industry. We will share our finding with you as it is released. We feel that…
NFA Compliance & Regulatory Workshop June 1 and 2nd
From June 1 – June 2, NFA will host its annual Member Regulatory Workshop for Commodity Pool Operators, Commodity Trading Advisors, Futures Commission Merchants, Forex Dealer Members, Introducing Brokers and Swap Dealers. This year’s program will be entirely virtual and,…
Audit Brief: Why Reporting Subsequent Events Remains Important
Major events or transactions — such as a natural disaster, a cyberattack, a regulatory change or the loss of a large business contract — may happen after the reporting period ends but before financial statements are finalized. The decision of…
Audit Brief: New Disclosures Required for 2022
Starting in fiscal year 2022, all entities — except nonprofit organizations in the scope of Topic 958, Not-for-Profit Entities, and employee benefit plans — must provide detailed disclosures about government assistance. Here are the details of the new rules. Defining government…