Featured News

  • Getting started with audit data analytics

    September 15, 2019

    Audit data analytics (ADAs) comprise a technique that can help you leverage current technologies and move toward a more data-driven approach to planning or performing an audit.

  • New ways to motivate people

    September 14, 2019

    What really drives people to succeed, and how can leaders tap into that to motivate professional staff and begin to groom future leaders?

  • Contracts with embedded leases likely to rise

    September 13, 2019

    The number of contracts with embedded leases will likely rise as companies increasingly rely on outsourcing through supply and service contracts, many of which may now qualify as leases.

  • Fannie Mae and Freddie Mac to be privatized

    September 12, 2019

    Treasury has revealed a plan to end government control of Fannie Mae and Freddie Mac, the mortgage companies that were bailed out during the 2008 recession.

  • New rules on advance-payment income

    September 11, 2019

    Treasury issued proposed regulations that provide new rules on how taxpayers treat advance-payment income under new book-tax conformity rules.

  • Planning for compliance with new sales tax laws

    September 10, 2019

    Businesses and accounting professionals with business clients here and in other states should have a plan to comply with the new tax collection environment created by the Wayfair decision.

  • FASB seeks feedback on proposed ASU

    September 9, 2019

    FASB is proposing an Accounting Standards Update (ASU) intended to reduce the accounting costs and complexities related to the movement away from interbank-offered interest rates.

  • Consumer spending continues to drive the economy

    September 8, 2019

    The U.S. Commerce Department reported Aug. 30 that U.S. consumer spending is still driving the economy, having outpaced economists’ predictions for July by surging 0.6% over June.

  • Don’t underestimate lease accounting challenges

    September 7, 2019

    A recent survey indicates the majority of accountants underestimate the challenges involved in implementing the new lease accounting standards.

  • What happens when cloud software goes down?

    September 6, 2019

    Last May, many accounting firms and their clients were impacted by a malware attack on cloud software provider Wolters Kluwer. Is your firm prepared for the unexpected?