Brad Brown

According to the latest KPMG US AI & Digital Innovation Quarter Pulse Survey, 52% of leaders are measuring return on investment when it comes to gen AI technologies through revenue generation, followed by whether the technology has helped improve decision making and productivity. At KPMG US Tax we are determined to help our clients create value – both for their bottom line and for their workforce – using our gen AI tools and services. By unlocking the power of their tax data, together with gen AI, we can discover valuable insights that can transform the way they approach tax planning, compliance and operations – ultimately optimizing and growing any business in today’s world of uncertainty. Check out more of the findings: https://lnkd.in/eQbPEusp

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Check out our recently published #DeloitteOnTheRadar “Segment Reporting” for insights into and interpretations of the accounting guidance in #ASC280. https://lnkd.in/gmDYZ7G8

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🌍 CEOs Emphasize ESG Initiatives in Business Strategies 🌍 Sustainability is a business imperative. KPMG US CEO Paul Knopp highlights how CEOs are integrating #ESG measures to enhance operational efficiency and build loyalty among customers and employees. Discover how leading #CEOs are making sustainability a cornerstone of their strategies: https://lnkd.in/eP9JWPQR. #KPMGStrategy #ESG #Sustainability #BusinessLeadership

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Our new KPMG US Futures Report revealed that only 60% of executives say their companies are prepared to manage future disruption. It will remain critical for Chief Tax Officers to think and plan ahead, elevating the impact and value tax can have on the overall business, and ultimately setting the organization up for greater success. Read the full report here: https://lnkd.in/esW7KNbs  

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The accounting profession is in need of leaders like PCAOB Board Member, Christina Ho, who has been staunchly against overly aggressive regulatory and compliance changes proposed by the PCAOB, having voted against more potential rule changes than anyone in the history of the organization. The Wall Street Journal reporter, Mark Maurer, published an article featuring Christina Ho, whose commitment to balanced regulation resonates with our goals to usher in smart, sensible audit reform, not drastic, reactionary overhauls. At the PICPA, we value the PCAOB's dedication to improving audit quality, but we share Ho’s concerns about the undue burdens these proposals place on auditors. As Ho puts it: “I really just want to make sure that we innovate, improve and solve problems and that’s kind of my principle.” The PICPA looks forward to continuing our advocacy efforts in support of our members and appreciates the thoughtfulness that leaders like Christina bring to conversations around our profession. You can find the full article at: on.wsj.com/3La5kOp

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Deloitte Updated Roadmap on Segments (inclusive of new ASU 2023-07 standard) released. Deloitte's team update: "We’re pleased to present the 2024 edition of Segment Reporting. This Roadmap provides Deloitte’s insights into and interpretations of the accounting guidance in ASC 280. The 2024 edition reflects the guidance in ASU 2023-07 (issued in November 2023) and includes a new Chapter 6 and Appendix B, which provide discussions and examples of the disclosures introduced by the ASU related to significant segment expenses and other segment items. " #technicalaccounting #financialreporting #secreporting #usgaap #accountingadvisory #segmentreporting #regulatoryupdate See the download link below: https://lnkd.in/gsHx8X7b

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Join CRI Partners April Shuping, Sandi Guy, and Matthew Montemayor as they explore the AICPA’s innovative approaches to supporting aspiring CPAs on their certification journey. Discover how the AICPA is reimagining resources to help future accountants achieve their goals while maintaining work-life balance. Plus, get practical tips on contributing to a positive office culture, ensuring new CPAs can thrive both professionally and personally. #CRIPodcast #AICPA #ProfessionalGrowth

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Check out the next in our webinar series this Thursday where we co-present with AuditBoard. Details below.

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Auditor independence is crucial for maintaining public trust and audit quality. The recent PCAOB staff report underscores concerns over compliance, with an increase in deficiencies from 2021 to 2023. To address this, the PCAOB advocates for best practices, enhanced processes, technology tools, and compliance strengthening to ensure unbiased audits. A timely reminder for firms to prioritize independence and bolster internal safeguards. #AuditorIndependence #AuditCompliance #PCAOB #AuditQuality #Accounting #Offshoring #CPA #Bookkeeping #TaxServices

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Webinar 2 of our GRC series. See details below for this great event!

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Join us for a discussion on the PCAOB inspection process, how to assess compliance with PCAOB rules, and the technology that drives IT dependencies such as key reports and IT application controls. https://lnkd.in/g3e5AgB4

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Join us for a discussion on the PCAOB inspection process, how to assess compliance with PCAOB rules, and the technology that drives IT dependencies such as key reports and IT application controls. https://lnkd.in/gySfMRjf

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Learn why California taxpayers should carefully assess the impact of these recent tax law changes and potentially revisit their tax planning strategies to help manage their tax liability. 

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Join us for a discussion on the PCAOB inspection process, how to assess compliance with PCAOB rules, and the technology that drives IT dependencies such as key reports and IT application controls. https://lnkd.in/gsfv8qB3

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🌟Change is coming! Read KPMG’s Defining Issues to learn about the #FASB’s proposal to modernize the internal-use software guidance for agile software development – plus the enhancement of guidance around when software development cost capitalization should begin. #kpmgfrv #audit https://bit.ly/48rXpXn

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There’s an incredible number of challenges facing tax departments today. Leaders are experiencing new levels of uncertainty, from different technologies entering the market to ongoing regulatory changes – and this is only the beginning. The 2024 KPMG US CTO Outlook study underscores the need for tax departments to remain agile and data-driven in today’s environment to stay ahead. Read more insights in the report here: https://lnkd.in/eDkSWMX4

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Join us for a discussion on the PCAOB inspection process, how to assess compliance with PCAOB rules, and the technology that drives IT dependencies such as key reports and IT application controls. https://lnkd.in/gmhXtTq4

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