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Strengthening CECL and ICFR Documentation

CECL: A New Era of Credit Loss Estimation  The Current Expected Credit Loss (CECL) standard represents one of the most significant changes to bank accounting in decades. Unlike the incurred…
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IRS Releases Guidance on Changes to R&E Expensing

Among its numerous tax provisions, the One Big Beautiful Bill (OBBB) reinstated immediate deductions for research and experimental (R&E) expenditures under Internal Revenue Code Section 174, beginning in 2025. The IRS…
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