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Mar 18, 2024
PICPA believes the PCAOB's Non-Compliance with Laws and Regulations proposal is disconnected from the realities of the auditing profession and will impose undue strain on an already thinly stretched workforce of CPAs.
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Mar 18, 2024
A federal court has temporarily halted the Securities and Exchange Commission's climate-related disclosure rule in response to a lawsuit from a pair of fracking companies.
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Mar 18, 2024
Financial advisors and tax experts say HOA fees are usually not deductible, unless the home is used for a business or as a rental property.
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Mar 18, 2024
Big Four firm Deloitte is looking to overhaul its structure to cut costs ahead of a market slowdown, according to the Financial Times.
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Mar 18, 2024
It would cap a remarkable downfall for Mike Lynch if he's convicted of accounting fraud after he sold his startup Autonomy to Hewlett Packard for $11 billion.
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Mar 18, 2024
It would cap a remarkable downfall for Mike Lynch if he's convicted of accounting fraud after he sold his startup Autonomy to Hewlett Packard for $11 billion.
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Mar 18, 2024
Bloomberg Tax and Accounting released Bloomberg Tax Workpapers, which focuses on data, controls and calculations for tax preparation.
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Mar 18, 2024
There's an inherent conflict between wanting the best deal when you exit your firm, and wanting the best arrangement during the time you are working.
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Mar 18, 2024
There's an inherent conflict between wanting the best deal when you exit and wanting the best arrangement during the time you are working.
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Mar 18, 2024
Transit operators in San Francisco's Bay Area are facing massive budget shortfalls as ridership lingers well below its prepandemic levels.
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Mar 18, 2024
Transit operators in San Francisco's Bay Area are facing massive budget shortfalls as ridership lingers well below its prepandemic levels.
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Mar 18, 2024
Accounting Today is accepting submissions for its report recognizing the Best Accounting Firms for Technology. This is the sixth year the publication will recognize firms in this category.
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Mar 16, 2024
Private equity-backed platform Ascend has added a new member firm in San Diego, LevitZacks.
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Mar 15, 2024
Tax filing season can be an extremely trying time for corporate tax and accounting professionals as they have to navigate countless forms and compile extensive amounts of information without errors.
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Mar 15, 2024
The reality is that traditional 'one and done' software training is insufficient.
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Mar 15, 2024
President Biden wants the wealthy to "pay their fair share." Ex-President Trump calls for "the biggest tax cuts." But labeling people as rich creates massive policy challenges.
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Mar 15, 2024
A growing number of CEOs have been attaining the CFO job, with a record number of them reaching the top rung at the biggest companies last year.
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Mar 15, 2024
Private equity firm New Mountain Capital is taking a majority stake in Grant Thornton in the biggest deal to come along in PE firms' involvement in the accounting field.
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Mar 15, 2024
The partnership gives KPMG clients access to AuditBoard's AI-powered technologies as part of the Big Four firm's services.
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Mar 15, 2024
By requiring tenants to retain an independent CPA firm to perform a similar review of the same data, the landlord is all but controlling the outcome.
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Mar 15, 2024
Marlene Engelhorn plans to let 50 strangers decide the fate of her inheritance.
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Mar 15, 2024
Plus, LeaseCrunch offers webinar on GASB 87, 96; and other accounting technology news.
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Mar 15, 2024
Kaufman Rossin Group launches retirement and executive benefits service; Hancock Askew merges two advisory practices; and more news from across the profession.
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Mar 14, 2024
The International Accounting Standards Board hopes to enhance the information provided by companies to their investors about acquisitions under IFRS.
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Mar 14, 2024
Nothing sacred; on the Lamborghini; Empire lost; and other highlights of recent tax cases.
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Mar 14, 2024
Oracle announced the addition of more than 50 generative AI features in its Oracle Fusion Cloud Application Suite.
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Mar 14, 2024
Zach Donah, the new CEO of the Massachusetts Society of CPAs, has big plans for the organization.
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Mar 14, 2024
A majority of audit committee members are eyeing cybersecurity as a top priority in the next 12 months, followed by enterprise risk management and talent.
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Mar 14, 2024
This new standard changes the game for auditors to make risk assessments even more effective.
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Mar 14, 2024
A healthy succession plan achieves three main objectives: continuity through client retention, client growth and fair financial treatment of all parties.
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Mar 14, 2024
A healthy succession plan achieves three main objectives: continuity through client retention, client growth and fair financial treatment of all parties.
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Mar 14, 2024
A recent survey of professional service providers found that the majority aren't exactly sure what generative AI even is, but they still anticipate spending more for it in both the short and long term.
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Mar 13, 2024
H&R Block's AI chatbot assistant, a deepfake scam rakes in $25 million, and eight other developments in technology.
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Mar 13, 2024
Affected businesses may turn to their accountants for help, but are firms the best source to help clients report beneficial ownership information to the feds?
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Mar 13, 2024
The Praxity Alliance of independent accounting firms reported revenue of $9.7 billion in 2023, an 11% increase over 2022 at constant exchange rates.
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Mar 13, 2024
The current deputy chief of IRS CI will be the new chief, succeeding Jim Lee.
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Mar 13, 2024
Guy Ficco, the current deputy chief of IRS CI, will be the new chief, succeeding Jim Lee.
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Mar 13, 2024
Finance departments have a powerful opportunity to help organizations remedy one of their most pressing concerns — late payments.
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Mar 13, 2024
Finance departments have a powerful opportunity to help organizations remedy one of their most pressing concerns — late payments.
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Mar 13, 2024
Wolters Kluwer announced that its solution support the global minimum tax in accordance with OECD Pillar II requirements.
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Mar 13, 2024
Nonprofit development and accounting departments are working toward the shared goals of sustainable growth and accomplishing their mission.
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Mar 13, 2024
The firm will make 329 roles redundant, while as many as 37 partners will be accelerating their retirement over the next nine months.
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Mar 13, 2024
The firm will make 329 roles redundant, while as many as 37 partners will be accelerating their retirement over the next nine months.
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Mar 13, 2024
Daniel Rotta hid more than $20 million from the IRS, using "pseudonyms, complicated corporate structures and nominees" to conceal offshore assets and income.
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Mar 13, 2024
Daniel Rotta hid more than $20 million from the IRS, using "pseudonyms, complicated corporate structures and nominees" to conceal offshore assets and income.
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Mar 12, 2024
The agency had intended to block access to tax data by most lenders on June 30 as part of a policy change that sought to protect taxpayer privacy. But drew broad opposition from the financial services industry.
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Mar 12, 2024
R&D and China; billable versus subscription; trailblazers; and other highlights from our favorite tax bloggers.
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Mar 12, 2024
Company leaders think their employees and customers trust them more than they actually do, according to PwC's Trust Survey.
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Mar 12, 2024
Criminals are exploiting networks of innocent people to move illicit funds between bank accounts, currencies and blockchains in an effort to evade law enforcement.
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Mar 12, 2024
Arvo Tech, a tax strategy technology provider for small businesses, has acquired Mark Murphy & Associates and Lee & Associates.
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Mar 12, 2024
The pilot program is expanding in the 12 states where it's available.
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Mar 12, 2024
Changes in rates and rules at every level require advisors to stay on their toes.
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Mar 12, 2024
A recent survey from Gartner found that few audit executives report using generative AI in their department, but many say they expect to do so in the future.
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Mar 12, 2024
Despite a later start, tax filing is proceeding apace — though there are some unresolved issues.
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Mar 12, 2024
While every company is different, there are 12 operational areas distressed businesses often miss, which can foretell a deteriorating financial condition.
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Mar 12, 2024
A Brazilian-American businessman who lives in Florida was charged with using Credit Suisse Group AG, UBS Group AG and other Swiss banks to hide more than $20 million in assets from U.S. tax authorities over 35 years.
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Mar 11, 2024
With a wealth of ways to move forward and build their practices, accounting firms need to figure of which to take, and which to pass up.
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Mar 11, 2024
The Creating Hospitality Economic Enhancement for Restaurants and Servers would provide a tax deduction for bars, restaurants and entertainment venues with draft beer systems.
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Mar 11, 2024
The internal audit function is gaining more people and funding, according to a new survey released Monday.
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Mar 11, 2024
The president's 2025 budget proposal aims to deliver more services, middle-class tax breaks and price controls funded through higher taxes on the wealthy and corporations.
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Mar 11, 2024
The Financial Reporting Council is considering either Canary Wharf or Stratford for its new main office.
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Mar 11, 2024
With two fields increasingly working together, wealth management and accounting firms are rolling out tools. Are financial advisors ready to work with the robots?
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Mar 11, 2024
Senior leaders from Accounting Today's Top 100 Firms and Regional Leaders share the areas where they see the most potential for the profession.
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Mar 11, 2024
President Joe Biden's budget proposal — which calls for sweeping tax increases on corporations and the wealthy — is the opening round of a looming tax fight set to consume Washington next year.
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Mar 11, 2024
President Joe Biden's budget proposal — which calls for sweeping tax increases on corporations and the wealthy — is the opening round of a looming tax fight.
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Mar 11, 2024
AuditBoard announced new artificial intelligence, analytics and annotation capabilities.
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Mar 11, 2024
A recent podcast included a discussion of time sheets, practice management and the future of the profession.
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Mar 11, 2024
The fate of the Child Tax Credit is in the hands of the Senate, but the IRS is ready to implement changes rapidly if the bill is passed.
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Mar 08, 2024
The company's Solopreneur Accelerator program will provide tax and accounting services to people who work for themselves.
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Mar 08, 2024
A bill backed by the Minnesota Society of CPAs that would ease the path to a CPA license has moved forward in the Minnesota Senate.
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Mar 08, 2024
A bill backed by the Minnesota Society of CPAs that would ease the path to a CPA license has moved forward in the Minnesota Senate.
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Mar 08, 2024
Cherry Bekaert Foundation partners with Junior Achievement USA to provide $100K in grant donations; Maner Costerisan promotes 11; and more news from across the profession.
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Mar 08, 2024
Advisors must be attuned to the emotional factors at play, since no two clients have the same relationship with money.
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Mar 08, 2024
Advisors must be attuned to the emotional factors at play, since no two clients have the same relationship with money.
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Mar 08, 2024
The stock rose as much as 22% in Madrid on Friday after Spanish plasma maker published its annual consolidated accounts with an unqualified opinion from KPMG.
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Mar 08, 2024
Plus, Baker Tilly solution helps find clean energy credits; and other updates from the accounting tech world.
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Mar 08, 2024
Plus, Baker Tilly solution helps find clean energy credits; and other updates from the accounting tech world.
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Mar 08, 2024
Some companies are misrepresenting when food and wellness expenses can be paid for by FSAs, HSAs and other health spending plans.
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Mar 08, 2024
The unemployment rate increased two-tenths of a point to 3.9% and the BLS revised downward the job numbers for December and January, indicating some softening in the labor market.
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Mar 08, 2024
The unemployment rate increased two-tenths of a point to 3.9% and the BLS revised downward the job numbers for December and January, indicating some softening in the labor market.
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Mar 08, 2024
Accountants are known to be 'good with numbers', but that doesn't mean they enjoy entering the same data repeatedly into different systems.
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Mar 08, 2024
President Joe Biden proposed tax increases on the wealthy and large corporations, along with some new tax credits, in his State of the Union address on Thursday night.
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Mar 08, 2024
President Joe Biden proposed tax increases on the wealthy and large corporations, along with some new tax credits, in his State of the Union address on Thursday night.
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Mar 07, 2024
Scale of the crime; a favorite client; with a bullet; and other highlights of recent tax cases.
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Mar 07, 2024
New York State and the Internal Revenue Service have developed a new program that allows eligible New Yorkers to e-file their federal and state personal income tax returns for free.
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Mar 07, 2024
The National Pipeline Advisory Group is collecting responses from college students and accounting professionals to better address the talent shortage.
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Mar 07, 2024
The Committee of Sponsoring Organizations of the Treadway Commission, also known as COSO, is working with the National Association of Corporate Directors on developing a corporate governance framework.
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Mar 07, 2024
The Top 25 Firm has acquired a technology solutions provider in Pennsylvania.
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Mar 07, 2024
Just as tired pilots and crew members pose risks to flight safety, auditors fatigued from excessive workloads compromise the quality and reliability of audits.
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Mar 07, 2024
Just as tired pilots and crew members pose risks to flight safety, auditors fatigued from excessive workloads compromise the quality and reliability of audits.
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Mar 07, 2024
Controllers use many different tactics to speed up the close, but most of them find it challenging to shorten their close to fewer than seven days.
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Mar 07, 2024
The additional tax revenue raised would go toward services for the city's homeless population.
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Mar 07, 2024
The additional tax revenue raised would go toward services for the city's homeless population.
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Mar 07, 2024
Taxpayers who exit the tax system by not filing a required return have emerged as a growing and under-the-radar problem for the IRS.
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Mar 07, 2024
There are talks of protesting a key piece of tax law that prevents marijuana companies from deducting expenses like other companies do.
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Mar 07, 2024
There are talks of protesting a key piece of tax law that prevents marijuana companies from deducting expenses like other companies do.
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Mar 07, 2024
President Joe Biden will propose increasing the minimum tax rates paid by major U.S. and multinational corporations to 21% and eliminating breaks for companies with high-paid executives in his election-year State of the Union address on Thursday night.
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Mar 07, 2024
President Joe Biden will propose increasing the minimum rates paid by major corporations to 21% and eliminating breaks for companies with high-paid executives Thursday night.
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Mar 07, 2024
Four states have no state and local sales taxes, making them the most attractive places for consumers to go shopping.
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Mar 06, 2024
Watch the explosion in the number of CPA firms bringing in over $1 billion in revenue that has occurred in the 21st century.
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