Featured News
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Accounting, finance and digital transformation
Digital transformation is a top strategic priority for many firms. But success has been fleeting, and a new McKinsey report finds it’s partly due to bad financial data.
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ASU to improve guidance on distinguishing liabilities from equity
FASB is seeking comments on a proposed ASU that would improve guidance for certain financial instruments with characteristics of liabilities and equity.
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National coalition to protect professional licensing
A coalition representing various advanced professions has been created to educate policymakers and the public about the importance of rigorous professional licensing standards.
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Proposed regulations answer opportunity zone questions
Opportunity zone regulations proposed by the IRS in April provide much-needed clarity by answering questions raised by regulations proposed in October.
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Giving constructive criticism
When a colleague’s work isn’t up to par and you’re tasked with telling them, you may feel anxious. Done well, however, constructive criticism can work for both you and your co-worker.
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Late bonus depreciation elections
IR says bonus depreciation treatment affected as a result of the Tax Cuts and Jobs Act may be changed by taxpayers.
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Study of AI expense audits
A new study reports that companies using artificial intelligence (AI) audit virtually all their spending while enterprises that don’t use AI only audit up to 10 percent and miss things that could save money.
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IBM finds security flaws in building access tools
IBM has found security flaws in digital systems that let visitors check in to office buildings.
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Tips for super success
Research shows that doing certain things every day can help you be "super successful."
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Fed to create new, faster payments system
The Federal Reserve has plans for a new payments system that would allow banks to exchange money much faster than the current system that sometimes takes days to settle a transaction.