At UHY LLP, our professionals take great pride in being at the forefront of the services we provide and the industries we serve. It’s all a part of what we call The Next Level of Service.
Because of our philosophy, you can be sure our firm is on top of the latest technical developments to make your audit a seamless and hands-on process. Our professionals are deeply invested in a number of audit related activities, including:
UHY LLP provides services that will be tailored to the needs of your organization—whether a publicly traded middle-market company, privately owned company, family owned business, sole-proprietor, LLC, partnership, LLP, or other form of businesses.
UHY LLP, in an alternative practice structure with UHY Advisors, Inc., also provides other services you may require, including:
The Financial Accounting Standards Board (FASB) voted this week to issue an exposure draft for a 30-day comment period that will propose new effective dates for accounting for leases, credit losses, hedging and long-duration contracts for certain companies.
In May, the Auditing Standards Board (ASB) of the American Institute of Certified Public Accountants (AICPA) issued Statement on Auditing Standards No. 134, Auditor Reporting and Amendments, Including Amendments Addressing Disclosures in the Audit of Financial Statements (SAS 134).
Beginning with fiscal years ending on or after June 30, 2019, large accelerated filers will be required to disclose critical audit matters (CAMs) in the auditor's report.
On March 4 the Financial Accounting Standards Board issued a draft proposal ASU 2019-400: Compensation - Stock Compensation (Topic 718) and Revenue from Contracts with Customers (Topic 606) that modifies ASU 2018-07: Compensation - Stock Compensation (718): Improvements to Nonemployee Share-Based Payment Accounting and is intended to further improve upon the measurement and recording of share-based compensation awarded to customers in conjunction with selling goods or services.
On December 20, 2018 the FASB issued a draft proposal that extends the private company accounting alternative for goodwill (ASU 2014-02) and business combinations (ASU 2014-18) to nonprofit entities and is intended to simplify the subsequent accounting for goodwill and for certain identifiable intangible assets in a business combination.