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Withum Leads SPAC Market as the #1 Auditor of Record for 2020

Share Following a substantial lead in Q3, Audit Analytics and Renaissance Capital named Withum as the top auditor for Special Purpose Acquisition Companies (SPAC) IPOs in all of 2020. Withum, leading tax, audit and advisory firm, is the auditor of record on approximately 140 SPAC IPO’s and over $40 billion in IPO proceeds in 2020....

The “Big One” Just Hit: The U.S. Cyber Attack Discovered in December 2020

As 2020 thankfully stumbled to a close, the most substantial and potentially costly U.S. cyberattack campaign to ever strike the nation’s targets (both government and private industry) was being detected. The attack was operating covertly within network monitoring utilities for approximately nine months prior to its detection. This article is the first of two-part series...

Financial Statement and Audit Considerations 2020

Share The business world has experienced significant changes over the past 3 months and will continue to see significant changes over the next few months and potentially permanent changes to business as we know it. As a not-for-profit organization, we see some unique challenges which will need to be considered on an ongoing basis.The following...

Withum Announces Partnership with CPAacademy.org to Host Webinar-Based CPE Programs

Share Firm’s thought leaders serve as presenters Withum has announced its partnership with CPAacademy.org, a major provider of live CPE webinars and self-study courses for the accounting profession. The collaborative partnership includes a full calendar of webinar-based course offerings presented by Withum experts. We also offer accounting firms and corporate finance departments the opportunity to...

Budgeting vs Forecasting: When Last Year’s Performance Isn’t Enough

No matter a company’s size or industry, evaluating the previous year’s performance is an annual exercise that business executives approach with varying amounts of trepidation. The challenge: how can we allocate next year’s budget in a way that will maximize the probability of growth and success? And so, anxious decision makers typically default to the...