Gray Reed Partners Chris Davis and Joshua Smeltzer’s Crypto Article Featured in Bloomberg Leading news

The Securities and Exchange Commission (SEC) has recently disclosed two settled enforcement actions against Prager Metis CPAs, an audit firm linked to FTX, the now-defunct crypto trading platform. The firm’s founder and former CEO, Sam Bankman-Fried, is currently in custody alongside Sean “Diddy” Combs at the Metropolitan Detention Center in Brooklyn. These enforcement actions highlight three important considerations for auditors and accountants: the SEC’s stance on auditor independence, the qualifications of individuals conducting audits in emerging sectors and the significance … Read the rest

Unpacking Basis Period Reform: What does it mean for LLPs, Partnerships and individual partners? – Ten(-ish) Minute Talk

We are delighted to welcome Alex Conway, tax partner at Crowe, as a guest speaker for this discussion on Basis Period Reform changes.

In this discussion, Alex along with Partners Corinne Staves and Zulon Begum, demystify the basis period reform changes and outline the practical implications for partners and firms. In this wide-ranging discussion, they explore:

  • The increased cash pressures on partners and firms and ways to address these changes;
  • How working practices will need to change to
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