Insights & Resources

With cryptocurrencies becoming more mainstream, Weaver is consistently asked to decrypt what crypto means for individuals and businesses that want to learn more.

Like archaeologists using geothermal tools to pinpoint digging locations, forensic investigators have discovered how to use data analytics to help school districts narrow in on potential fraud, waste and abuse.

In October 2021, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2021-08 Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers.

Welcome to your new role in your district’s internal audit department. As an audit professional, whether at the director or entry level, your first months on the job can be critical.

On November 18, 2021, Governor Roy Cooper of North Carolina signed into law S.B. 105, a budget bill that enacts more than $52 billion in spending over two years and includes a significant package of tax reductions for businesses and individuals.

The Internal Revenue Services (IRS) issued an initial list of 101 chemicals subject to the recently reinstated Superfund excise tax under IRC Section 4661 and Section 4671.

Read more about the user fee required for using an estate tax closing letter and how to request one.

The Institute for Internal Auditors (IIA) published its third annual OnRisk report: OnRisk – A Guide to Understanding, Aligning, and Optimizing Risk, which identifies and defines key risks, as perceived by boards, management, and chief audit executives.

On November 19, 2021, the U.S. House of Representatives passed the “Build Back Better Act” (BBBA), which includes an estimated $1.7 trillion in spending and an estimated $1.5 trillion in tax increases over 10 years.

The Infrastructure Investment and Jobs Act, which President Biden signed into law on November 15, 2021, reinstates Superfund excise taxes on the sale and import of certain chemicals as part of the law’s revenue raising provisions.

Read about some of the impacts of increased hospital employment and accelerated retirements resulting in shortages of replacement physician investors.

With travel to conferences and events picking up again, it is a good time to review your district’s travel guidelines and procedures.