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The IRS is urging tax practitioners to secure remote locations using a virtual private network to protect against cyber intruders.

The FASB recently issued a new standard to improve financial reporting associated with accounting for convertible instruments and contracts in an entity’s own equity.

Seven in 10 finance teams (72%) spend up to 10 people-hours per week – or 520 hours per year – on AP-related tasks suited for automatic solutions, according to a new survey.

The U.S. Small Business Administration recently released guidance answering frequently asked questions regarding the forgiveness of Paycheck Protection Program loans.

The IRS is now requesting comments after proposing new rules on the tax treatment of carried interests.

The GASB is seeking participants for a field test of the standards it proposed in the Preliminary Views, Revenue and Expense Recognition, in June 2020.

The IRS has issued additional relief in satisfying the substantial rehabilitation test to lessen the burden on taxpayers claiming the rehabilitation credit during the COVID-19 pandemic.

Clients desperately trying to navigate the coronavirus pandemic need the assistance of accounting practices that can quickly pivot to provide services.

The IRS is now allowing taxpayers to fax duplicate copies of their automatic method change requests.

Executives are still learning important takeaways from the COVID-19 pandemic, says one risk management expert, and planning ahead for risks is crucial to their company’s success.