The Internal Revenue Service has reportedly axed more jobs at the height of tax season, placing 50 senior IT leaders on administrative leave, on top of...
The Public Company Accounting Oversight Board’s inspection staff found noticeable improvements in the deficiency rates of the six largest global auditing firms, according to a report...
The Governmental Accounting Standards Board is looking for feedback on its preliminary proposals associated with accounting and financial reporting for severe financial stress and probable dissolution...
Enjoy complimentary access to top ideas and insights — selected by our editors. A friend’s son asked if he could meet with me, and I was...
The American Institute of CPAs’ Accounting and Review Services Committee clarified a standard on financial statement preparation as part of a client advisory services engagement. The...
Tax collection projections are down. Refunds are up. That’s a formula that could dampen U.S. government revenue and, if it persists, portend an earlier deadline for...
Audit engagement risk is something all auditors think about and incorporate into their decisions, but recent research suggests that they might not be thinking about it...
Spreadsheet and data solutions provider Sourcetable launched a “self-driving” spreadsheet that allows users to simply tell the spreadsheet what they want done through natural language commands....
The Internal Revenue Service’s Criminal Investigation unit has embarked on a new initiative for engaging with financial institutions as it makes greater use of banking data...
As the expiration of key Tax Cuts and Jobs Act provisions looms, tax professionals are preparing for what could be another period of upheaval. In 2017,...