by Chess Consulting | Sep 11, 2026 | Disputes and Investigations
On May 15, 2026, the Government Accountability Office (“GAO”) released a decision regarding a bid protest filed by Metro Accounting and Professional Services (“Metro”) challenging the Air Force’s award of a task order to Vector CSP. Metro argued that the agency...
by Chess Consulting | Aug 26, 2026 | Complex Accounting and Risk Management
On July 29th, 2026, the Financial Accounting Standards Board (FASB) officially voted to add a project to its technical agenda to make targeted improvements to goodwill impairment testing. This vote stems from feedback from FASB’s 2025 agenda consultation invitation to...
by Chess Consulting | Jul 23, 2026 | Government Contract Regulatory Compliance
This Q2 Regulatory & Policy Newsletter provides a brief review of selected federal acquisition, regulatory, and oversight developments affecting government contractors during the second quarter of FY 2026. Overview of Topics Updates from Q1 CAS Conformance...
by Chess Consulting | Jul 10, 2026 | Complex Accounting and Risk Management
This Financial Reporting Update highlights key developments and issues that are relevant to Finance and Accounting Professionals. Financial Accounting Standards Board On April 27, 2026, the Financial Accounting Standards Board (FASB) published Accounting...
by Chess Consulting | Jun 11, 2026 | Complex Accounting and Risk Management
On May 29, 2026 the Securities and Exchange Commission (SEC) issued a proposal to fully rescind the climate-related disclosure rules it had previously approved in March 2024. The original 2024 rules mandated that public companies provide detailed, granular information...
