by Chess Consulting | Jan 26, 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 November 12, 2025, the Financial Accounting Standards Board (FASB) published ASU No....
by Chess Consulting | Jan 23, 2026 | Government Contract Regulatory Compliance
On January 7, 2026, the Executive Order (EO) titled “Prioritizing the Warfighter in Defense Contracting” was issued, setting forth several policy priorities relevant to major defense contractors. The EO identifies four areas of focus (see Section 3(a) of EO) that may...
by Chess Consulting | Dec 16, 2025 | Government Contract Regulatory Compliance
December 5, 2025 marked a major shift for small business contractors as the U.S. Small Business Administration (SBA) issued letters to every firm in the 8(a) Business Development Program requiring submission of financial records within 30 days. By January 5, 2026, all...
by Chess Consulting | Nov 10, 2025 | Complex Accounting and Risk Management
The IPO market has accelerated in 2025. In Q3, the US achieved its strongest IPO quarter since Q4 2021, with filings and new share issuances surging sharply following a relatively subdued Q2. In addition, PE-backed IPO listings more than doubled year over year, with...
by Chess Consulting | Oct 9, 2025 | Complex Accounting and Risk Management
This Financial Reporting Update highlights key developments and issues that are relevant to Finance and Accounting Professionals. Securities and Exchange Commission Due to the government shutdown, effective October 1, 2025, the Securities and Exchange...
