New revenue recognition standards for privately held companies is just around the corner, with the new model for reporting revenue from contracts going into effect Jan. 1, 2019. ASC 606 – Revenue From Contracts with Customers (ASC 606) virtually el...

With Congress permanently extending the research and development (R&D) credit as a result of the Protecting Americans from Tax Hikes Act of 2015 (PATH Act), more U.S. businesses may now be eligible for a significant tax savings opportunity based...

by Catherine Bruder, Shareholder, Doeren Mayhew In response to the evolving cybersecurity landscape of financial institutions, the Federal Financial Institutions Examination Council (FFIEC) has released its new cybersecurity assessment tool. Financ...

Doeren Mayhew’s Catherine Bruder, Practice Leader of the firm’s Information Technology and Assurance Group, talks cybersecurity with the Journal of Accountancy. Tune into the short videos to learn more about how to mitigate cloud data risks and a...

A major online security vulnerability labeled “Heartbleed” could put your personal and business information at risk, including passwords, credit card information and e-mails. Heartbleed is a flaw been detected in certain version of OpenSS...

Aimed at reducing risks to critical information technology infrastructures, The National Institute of Standards and Technology (NIST) released a new recommended cybersecurity framework. At this time the framework is not mandatory for financial instit...

  by Blake Waud, IT Audit Associate, Doeren Mayhew With cybercrimes and identity theft on the rise, including attacks aimed directly at prominent financial service providers, it’s no surprise vendor due diligence and management is currently a ...