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Jun 17, 2018
The Institute of Management Accountants unveiled an exposure draft of its enhanced Management Accounting Competency Framework at the kickoff of its annual conference Sunday in Indianapolis.
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Jun 15, 2018
The Internal Revenue Service and the Treasury Department have issued a notice saying they intend to amend the Section 987 regulations on foreign currency gains and losses, delaying the applicability date by one more year.
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Jun 15, 2018
The good times continue to roll for management consultants, especially with tax reform.
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Jun 15, 2018
Grant Thornton names first national managing principal of innovation; Postlethwaite & Netterville promotes three to director; and more personnel and CPA office news.
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Jun 15, 2018
The Financial Accounting Standards Board's Emerging Issues Task Force has reached a consensus on how to account for implementation costs in a cloud computing arrangement that's considered a service contract.
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Jun 15, 2018
Originally estimated at $180 million, the tax software company's initial public offering has brought in almost $285 million.
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Jun 15, 2018
Limited guidance from the IRS and accounting standard-setting bodies has led to a divergence in interpretation and practice for inventory valuation within the scope of business combinations.
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Jun 15, 2018
President Donald Trump's personal charity repeatedly and willfully broke state and federal laws by engaging in a decade-long pattern of self-dealing that culminated in illegal coordination with his political campaign, New York alleged in a scathing lawsuit.
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Jun 15, 2018
Jonathan Blattmachr, an estate planning lawyer, is such a fan of the strategy he's created to help some of his wealthy clients get around the new property tax deduction cap that he's using it himself.
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Jun 15, 2018
An infusion of AI improves everyone's favorite spreadsheet software, harassment by emoji, and more.
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Jun 14, 2018
Accounting departments are finding that offering advanced technology like cloud computing is helping them attract staff, according to a new report.
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Jun 14, 2018
The American Institute of CPAs sent a list of more than 150 recommendations for the Internal Revenue Service to add to its Priority Guidance Plan where it would like to see the IRS provide more clarity, with a particular spotlight on the Tax Cuts and Jobs Act.
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Jun 14, 2018
IT expert Donny Shimamoto and firm owner Dan Moore shared some tried-and-tested approaches to keep client data secure at the AICPA Engage conference.
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Jun 14, 2018
Ernst & Young has released a study on some trends it is seeing at companies around the world.
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Jun 14, 2018
The NAEA offers advice to help owners deal with both reform and their perennial tax burden.
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Jun 14, 2018
The tax prep chain foresees fewer customers coming in to have their returns prepared as a result of the new tax law.
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Jun 14, 2018
President Trump's former top economic adviser said trade disputes could wipe out the benefits of the tax cuts Congress passed last year and may trigger an economic slowdown.
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Jun 14, 2018
The field of tax is usually not regarded as being an outlet for exceptional creativity.
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Jun 13, 2018
Accounting firms need to do more than just post in job boards.
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Jun 13, 2018
The pro skateboarder has defined his career by taking risks, and he championed a similar business strategy during his keynote address at the AICPA Engage conference in Las Vegas.
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Jun 13, 2018
Accountants must adapt to change before they're forced to, says the AICPA VP.
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Jun 13, 2018
CBIZ has partnered with a company called Insight2Profit, a business management consultancy based in its hometown of Cleveland, on using tools to help CBIZ's affiliated accounting firm, MHM, improve its performance.
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Jun 13, 2018
The financial instruments standard requires a new kind of calculation that is proving disruptive to treasury and accounting.
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Jun 13, 2018
The American Institute of CPAs introduced a Personal Financial Planning Certificates Program on Wednesday, giving accountants a new way to gain the AICPA's Personal Financial Specialist credential.
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Jun 13, 2018
The Go Beyond Disruption platform offers courses on human intelligence, data analytics, cybersecurity, blockchain and more.
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Jun 13, 2018
The integration allows auditors to automate and track bank confirmations for any of their engagements.
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Jun 13, 2018
It's said auditors get off lightly when companies fail. Tell that to the PricewaterhouseCoopers partner who signed off on the accounts of failed British retailer BHS. He has just received a 325,000-pound ($434,000) fine and a record 15-year ban from audit work.
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Jun 13, 2018
The provider of expense tracking and bookkeeping automation for small businesses has added features for partners at accounting and bookkeeping firms.
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Jun 13, 2018
The tax prep chain is one company that's not happy with the Trump tax cuts.
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Jun 13, 2018
Less than a month after unanimously passing a per-worker tax on large employers to fund homeless services and affordable housing, the City Council voted 7 to 2 to eliminate it.
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Jun 13, 2018
The TCJA and havens; making videos for clients; bias in IRS collections; and other highlights from our favorite tax bloggers.
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Jun 12, 2018
Client experience, tech, and talent are all key, according to Jennifer Wilson of ConvergenceCoaching.
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Jun 12, 2018
OnPoint PCR provides a full-service solution for preparation, compilation and review.
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Jun 12, 2018
The City of Brotherly Love ranked at the bottom of the top 10 biggest U.S. cities.
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Jun 12, 2018
Trade groups representing the retail and restaurant industries are asking Congress to make several technical corrections to the Tax Cuts and Jobs Act, warning that some of the mistakes in the hastily drafted legislation could cost the industries millions of dollars.
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Jun 12, 2018
One proven growth strategy is to offer more services to the same clients.
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Jun 12, 2018
The Financial Accounting Standards Board is expected to release a long-awaited accounting standards update this month to clarify a key issue in the nonprofit world, standardizing how grants are classified, as either an exchange transaction or a contribution.
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Jun 12, 2018
The first step may be getting them to figure out what retiring means to them, a panel of CPA financial planners says.
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Jun 12, 2018
A provider of subscription management software has integrated with a developer of revenue management software to help subscription businesses comply with the new revenue recognition standard.
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Jun 12, 2018
Under pressure from businesses and homeowners, the Seattle City Council is poised to repeal a tax on large employers like Amazon.com Inc. less than a month after it passed the tax unanimously.
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Jun 12, 2018
There are two types of soccer executives, according to 2011 testimony given by Chuck Blazer, then the highest-ranking American in international soccer: those who take bribes, and those who pay them.
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Jun 12, 2018
The Tax Court rules that creditors must have hard evidence that an obligation is uncollectable before they deduct it.
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Jun 11, 2018
When a client engages me for any type of service, there are specific descriptions of what we will do and the goal or end result of the services. What is not figured in is "the Ed Mendlowitz factor."
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Jun 11, 2018
A company that provides training to legal marijuana businesses and their bookkeepers has extended its reach to 26 states.
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Jun 11, 2018
The Committee of Sponsoring Organizations of the Treadway Commission has added to its widely used Enterprise Risk Management Framework.
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Jun 11, 2018
The Middle Eastern investment firm has been roiled by allegations of misused funds.
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Jun 11, 2018
Thomson Reuters has introduced the Checkpoint Tax Cuts and Jobs Act Toolkit to help accounting firms advise clients about the new tax law.
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Jun 11, 2018
The deal to steer some ofthe territory's future sales taxes to a key group of bondholders puts a U.S. oversight board in charge.
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Jun 11, 2018
Private universities won't be taxed on unrealized income from their billions of dollars in assets before the levy was approved.
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Jun 11, 2018
Now is the time to start preparing for the next big accounting standard.
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Jun 11, 2018
Getting partner meetings to yield results requires some extra attention, according to Dom Esposito.
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Jun 11, 2018
An amendment to the AICPA Code of Conduct requires CPAs to re-examine the nonattest services they offer.
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Jun 09, 2018
With tax season in the rearview mirror, the Accountants Confidence Index edged back up after two months of decline.
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Jun 08, 2018
Affected taxpayers can get deadline extensions and penalty abatements.
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Jun 08, 2018
The Internal Revenue Service said Friday it plans to issue regulations may limit the impact of a new excise tax on the endowments of private colleges and universities under the new tax law.
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Jun 08, 2018
The BKD COO was named Friday to chair the Association of International Certified Professional Accountants.
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Jun 08, 2018
Cost segregation treatment has been around for a long time, so why is it more relevant now than ever? The answer: bonus depreciation.
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Jun 08, 2018
Private debt collection agencies that are collecting tax debts on behalf of the Internal Revenue Service have been forcing many taxpayers into payment plans they can't afford.
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Jun 08, 2018
The state recently released its most recent list of those who owe it the most.
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Jun 08, 2018
A new study finds companies that have the ability to recoup compensation from managers generally try to protect the integrity of their accounting.
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Jun 08, 2018
Corporate tax rates are falling around the world. Inequality expert Gabriel Zucman questions the conventional wisdom that they will goose investment and economic growth.
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Jun 08, 2018
Eric Hansen, chairman of the American Institute of CPAs, was named Friday as chairman of the AICPA's global association, the Association of International Certified Professional Accountants, which the AICPA runs with the U.K.-based Chartered Institute of Management Accountants.
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Jun 08, 2018
BDO and Baker Tilly admit new partners; Weaver promotes four to partner-in-charge; and other recent hires, promotions and personnel news from firms across the country.
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Jun 08, 2018
Freed Maxick celebrates 60 years; AICPA announces 2017 Elijah Watt Sells Award winners; and more news from CPA offices across the country.
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Jun 08, 2018
As companies seek new ways to grow in a competitive business environment, accounting firms can position themselves as much more than just the traditional provider of help with taxes or audits.
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Jun 08, 2018
The purpose of the new investment vehicle is to direct resources to low-income communities through a more market-driven approach.
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Jun 08, 2018
The tax automation software's new architecture connects regulatory and government systems with its own.
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Jun 08, 2018
PEG nailed; taken for a ride; fifth Canadian fraud conviction; and other highlights of recent tax cases.
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Jun 07, 2018
The Government Finance Officers Association honored New York City Comptroller Scott Stringer for excellence in financial reporting.
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Jun 07, 2018
The lease accounting standard that public companies are gearing up to comply with by the end of the year is presenting them with some technology obstacles, according to a new report from Deloitte.
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Jun 07, 2018
Accounting Today's list of CPA wealth management practices with over $1B in AUM.
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Jun 07, 2018
The accounting practices associated with share-based compensation have evolved from the ridiculous to the barely sensible.
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Jun 07, 2018
The annual survey on female leadership and diversity also included lists of the best firms for women and best firms forequity leadership.
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Jun 07, 2018
The Center for Audit Quality is supporting research into professional skepticism, critical audit matters, and more.
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Jun 07, 2018
Walmart Inc. sued its former chief tax officer for violating her employment contract by defecting to online rival Amazon Inc. to become one of its senior tax executives.
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Jun 06, 2018
The purpose of the new investment vehicle is to direct resources to low-income communities through a more market driven approach.
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Jun 06, 2018
Citrin Cooperman, a Top 100 Firm based in New York, has extended its footprint in New England by adding Sharkansky LLP, a firm based in Brockton, Massachusetts, effective June 1.
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Jun 06, 2018
The systems will work together to streamline the 1040 assembly and delivery process.
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Jun 06, 2018
The tax automation company is set to raise $150 million during its initial public offering scheduled for June.
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Jun 06, 2018
The Top 100 Firm has signed an agreement to buy a cloud-based accounting practice that services its clients online.
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Jun 06, 2018
The Institute announced that 58 of the 95,000-plus students who sat for the 2017 CPA Exam had top scores.
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Jun 06, 2018
Xero continues to focus on building AI and machine learning to help accountants become more valuable to their clients.
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Jun 06, 2018
New technology, new regulations and new client demands combine to continually reshape the traditional tax practice. This special report examines the latest state of play, and looks ahead to changes on the horizon for the tax practitioner.
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Jun 06, 2018
The head of The Daily CPA discusses his accounting publication "by millennials, for millennials."
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Jun 06, 2018
The consulting practices of U.S.-based accounting firms—especially the Big Four—saw strong growth in revenue last year, in part due to last December's tax reform overhaul, according to a new report.
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Jun 05, 2018
AMT question; voluntary use-tax; summer and taxes; and other highlights from our favorite tax bloggers.
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Jun 05, 2018
Sadly, too many financial professionals assume it's the client's responsibility—not theirs—to be the orchestra leader who coordinates all the moving parts of their financial life.
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Jun 05, 2018
Accounting Today's annual ranking of the leading CPA financial planners by assets under management.
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Jun 05, 2018
A growing proportion of U.S.-born expatriates do not feel they should be required to file taxes while they live abroad and about one-fifth of them are considering renouncing their U.S. citizenship, according to a new survey.
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Jun 05, 2018
Both public and private companies are still dragging their heels on implementing some of the new accounting standards, even with the effective date of adoption either already here or approaching soon.
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Jun 05, 2018
Focusing immediately on culture, strategy and building a ‘one firm' model top the list.
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Jun 05, 2018
The Virginia Society of CPAs highlighted members who have been a part of the organization for at least 40 consecutive years.
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Jun 05, 2018
Pracitioners share their clients' need for education on Bitcoin and its ilk.
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Jun 05, 2018
The Tax Cuts and Jobs Act has companies facing the unusual problem of what to do with their extra money.
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Jun 05, 2018
Republicans are considering a fix to a provision in their new tax law that they acknowledge could inadvertently penalize victims.
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Jun 05, 2018
Zuora rolled out the Spring '18 product release of its Zuora Central Platform subscription management software.
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Jun 04, 2018
Her election comes at a time when the accounting profession is striving to increase the pool of young people and the percentage of women leaders.
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Jun 04, 2018
The agency is waiving some of the late-payment penalties pertaining to the section 965 transition tax on foreign earnings in the new tax law.
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Jun 04, 2018
A lot can go wrong when acquiring a practice from a deceased accountant's estate. Here are some real-life examples.
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Jun 04, 2018
The American Institute of CPAs is offering to provide up to $15,000 to researchers.
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