GAAP Chats

It’s our last episode of GAAP Chats for Season 1! In this episode we look back at some of the stories we covered this season to give you an update of recent events, including looking at a recently is…

A recent headline in Reuters noted “U.S. corporate bankruptcies at highest level since 2010.” In Episode 19 we’ll dive into the data, but, more importantly, we’ll test our hypothesis that, in our opi…

In Episode #18 of GAAP Chats, hosts Chris Brundrett and Bob Laffler provide listeners with insight into the latest developments in U.S. GAAP and IFRS for the financial services industry.

About GAAP Dy…

It’s all about SPACs in Episode #17 of GAAP Chats. Once the golden child of Wall Street and celebrities (even Shaq had a SPAC!), they’ve now become persona non grata. Buy why? Join host Mike Walworth…

Episode #16 of GAAP Chats is all about earnings management, and the games companies play to “smooth” earnings. Join hosts Mike Walworth and Bob Laffler as they discuss this topic and how these games,…

In Episode #15 of GAAP Chats, hosts Mike Walworth and Bob Laffler discuss what lessons CPAs can learn from news stories surrounding Donald Trump and Clarence Thomas.

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Podcast Transcript Notes
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In Episode #14 of GAAP Chats, hosts Chris Brundrett and Bob Laffler provide listeners with insight into the latest developments in IFRS. 

Resources:
Podcast Transcript Notes
IFRS Foundation Work Plan
Reg…

In Episode #13 of GAAP Chats, hosts Mike Walworth and Chris Brundrett provide listeners with an update on topics they talked about in previous pods, as well as the latest developments in U.S. GAAP. 

R…

In Episode #12 of GAAP Chats, hosts Mike Walworth and Chris Brundrett discuss the types of investments held by banks and how these investments are accounted for under U.S. GAAP in accordance with ASC…

In Episode #11 of GAAP Chats, hosts Chris Brundrett and Bob Laffler discuss the recent turmoil in the banking industry, specifically recent issues at Credit Suisse. What’s happening at Switzerland’s …

In Episode #10 of GAAP Chats, hosts Mike Walworth and Bob Laffler discuss staking, one of the two consensus mechanisms used by cryptocurrencies to verify their transactions, and how the SEC is cracki…

In Episode #9 of GAAP Chats, hosts Mike Walworth and Chris Brundrett discuss the 150-hour education requirement for CPAs. This comes as states are considering reducing the requirement to address the …

In Episode #8 of GAAP Chats, hosts Mike Walworth and Chris Brundrett dig into some recent SEC and PCAOB enforcement actions so, hopefully, other CPAs can learn from others’ mistakes! Specifically, we…

In Episode #7 of GAAP Chats, hosts Mike Walworth and Chris Brundrett dig into the PCAOB, the self-proclaimed independent audit watchdog, and reveal insights from their review of the 2021 PCAOB inspec…

In Episode #6 of GAAP Chats, hosts Mike Walworth and Chris Brundrett take on executive pay and the executive compensation provisions within the Dodd-Frank Act, two of which were recently implemented …

In Episode #5 of GAAP Chats, hosts Mike Walworth and Chris Brundrett welcome their first guest - Vicky Hale, Chief Learning Officer of GAAP Dynamics - to talk about current learning and development (…

In Episode #4 of GAAP Chats, hosts Mike Walworth and Chris Brundrett explore the meteoric rise (and potentially the spectacular fall?) of Buy Now, Pay Later (BNPL) loans. In this episode we learn mor…

In Episode #3 of GAAP Chats, hosts Mike Walworth and Chris Brundrett talk about the spate of recent layoffs, especially in the tech industry, and the related accounting considerations.

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In Episode #2 of GAAP Chats, hosts Mike Walworth and Chris Brundrett provide listeners with an explanation of the top 5 issues associated with non-GAAP financial measures, as noted by the SEC in thei…

In our first episode of GAAP Chats, hosts Mike Walworth and Chris Brundrett provide listeners with an overview of non-GAAP financial measures, the number one issue noted by the SEC in their comment l…