Crowe "Weekly Focus: Assessing the Greatest Impacts to Accounting for 2023"

 
Top Crowe insights for the week – 1/15/2023 
01   Challenges and opportunities for accounting departments in 2023 

This recently published article on Forbes.com for Crowe BrandVoice outlines the biggest challenges to expect in 2023, as well as the opportunities that could advance your broader business goals. (Moderate read) 

Read the article →
  
  
02   FASB prepares income tax disclosure requirement changes 

The Financial Accounting Standards Board (FASB) is proposing updates to improve income tax disclosures. Crowe specialists break down what these changes could mean for certain business entities. (Long read) 

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03   Highlights from the 2022 AICPA & CIMA Conference on Current SEC and PCAOB Developments 

Review key takeaways and valuable trends emerging from the 2022 American Institute of CPAs (AICPA) & Chartered Institute of Management Accountants (CIMA) Conference on Current SEC and PCAOB Developments. (Long read) 

Download the report →

  
  
  
04   Getting ready for PCI DSS v4.0 

The deadline is approaching for the new Payment Card Industry Data Security Standard (PCI DSS) v4.0. These FAQ can help you tackle one of the most consequential steps and improve compliance. (Long read) 

Read the FAQ →

  
  
  
05   3 critical areas of risk management for metals companies 

Cybersecurity continues as a primary risk to metals companies, and manufacturing is experiencing an uptick in activity. Discover three areas your business should target to help avoid costly downtime. (Moderate read) 

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06   Why it’s time to migrate to Salesforce Flow® 

There’s a risk to waiting too long to retire Salesforce Workflow Rules and Process Builder. Learn why it’s time to migrate to Salesforce Flow and how an implementation plan can help meet demands. (Moderate read) 

Read the article →

  
Message from the CEO 
  
Happy New Year! 
Before January slips away, I want to take a moment to wish you continued success in the new year. Whatever your objectives and business goals may be, you know you can count on Crowe to be there with you every step of the way. We remain steadfast in our commitment to providing you with an unrivaled client experience. 

At Crowe, our purpose and values drive everything we do, and we are focused on helping our clients to see Crowe as the firm of choice to create value and as a strategic provider of professional services. Likewise, for our people, their families, and our communities, we want to remain the firm of choice for living a meaningful and rewarding life. 

In 2023, we see tremendous opportunities for our people and our firm to be a positive force for our clients and the world around us, including helping you and your organizations continue to navigate this uncertain and volatile business environment. As always, thank you for putting your trust and confidence in us. We take great pride in building enduring client relationships, and we look forward to continuing to grow together. 
  
I wish you a very happy 2023.   
  
Best regards,  

Mark Baer 
CEO, Crowe LLP 
Upcoming events 
  
Webinar Jan. 26
Not-for-Profit Industry Summit 

Crowe thought leaders share a tax and audit update highlighting new standards and regulations that might affect your organization. 
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Webinar series: Transform and Thrive Jan. 31
How content and data could shape the future of internal audit 

Learn about the factors driving the future of internal audit and how bank internal audit leaders must transform in response. 
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Webinar series Feb. 7
Navigating emerging regulatory and risk management issues: ESG 

Learn the roles ESG regulation and risk play in the industry and best practices for integrating ESG into your business. 
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Webinar Feb. 8
Transforming your financial crime challenges into opportunities

Crowe professionals offer insight into ways automation and outsourced services can increase efficiency and reduce risk. 
Register now