Governance Resource Center
Navigate governance issues and blaze new trails for the future
Governance Resource Center
Anthony Casey
CIA
Principal
Joe Donnelly
CPA
Partner
Blaine Jasper
Director
David A. Johnson
CPA
Partner
Jeff Krull
CPA, CISA, CITP
Partner
Mallory Thomas
CPA, MBA, CIA, CITP, CISA
Partner
Cassandra Walsh
CPA
Partner
Senior leaders, board members and audit committees seek governance perspectives and market intelligence that can help them navigate the unknown and blaze new trails.
To create better outcomes and value, the Baker Tilly Governance Resource Center offers powerful insights on critical and emerging issues that can help guide your decision-making, enhance effective governance, anticipate disruption and advance organizational goals.
The Governance Resource Center includes:
- thought leadership on trending board topics and the issues that drive governance and oversight responsibilities of boards and audit committees, including economic, industry, regulatory and operational perspectives
- timely monitoring and analysis of market drivers through an integrated data dashboard
- access to educational industry and market-specific Value Architects™
Explore thought leadership by board committee
Recent committee resources
Nominating and governance committee
Accounting and audit insights
New FASB accounting rules on segment reporting, income taxes, crypto — coming by mid-December
The FASB will publish new accounting standards on income taxes and crypto assets in the middle of December, the Board’s Technical Director Hillary Salo told a press panel late on Nov. 13, 2023. A standard that revises segment reporting will be issued a few weeks earlier. Separately, a proposal on the concept of measurement will be issued next week for public comment.
New rules FASB’s crafting on government grants won’t incorporate popular international standard
An accounting standard on government grants for businesses will be developed, the FASB said on Nov. 1, 2023, pushing past a decade of hesitancy to tackle a topic that has kicked up big debates in the past. The board does not plan to incorporate IAS 20 Accounting for Government Grants and Disclosure of Government Assistance into U.S. GAAP, but will consider factors of those rules, according to the discussions.
Investors suggest FASB develop ‘best practices’ proposal on rules for key performance indicators
A panel of investment analysts suggested that the FASB develop a “best practices” proposal to create consistency around key performance indicators (KPIs)—metrics that show how well a business met its goals in a reporting period. The board is researching whether to add a project to its rulemaking agenda.
Dozens of firms, groups balk over proposed FASB disclosure rules on income statement expenses
Some of the nation’s biggest companies and trade organizations told the FASB that its proposed disclosure rules to disaggregate income statement expenses would be tough and costly to adopt—recommending alternatives they say would be a better fit. Aspects of the proposal would wreak havoc on systems with little benefit to investors, some said in comment letters, which were submitted by the Oct. 30, 2023, deadline.