Featured News
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                            Free resources to help auditors complyThe AICPA has developed some free resources to help auditors comply with two important auditing standards that are being missed too often. 
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                            Understanding the new revenue recognition standardASC 606 replaces nearly all previous existing revenue recognition guidance, including industry-specific guidance. A new guide can help you unravel the new standard’s complexities. 
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                            IRS offers settlement for micro-captive insurance schemesAs a result of recent Tax Court cases involving captive insurance companies with the IRS prevailing, the agency is issuing letters about a settlement arrangement to impacted taxpayers under audit for this issue. 
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                            CPAs and a changing corporate reporting landscapeCPAs have an opportunity to be an integral part of the changing corporate reporting landscape and the evolution of capital markets and marketplace demand. 
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                            Getting started with audit data analyticsAudit 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. 
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                            New ways to motivate peopleWhat really drives people to succeed, and how can leaders tap into that to motivate professional staff and begin to groom future leaders? 
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                            Contracts with embedded leases likely to riseThe 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. 
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                            Fannie Mae and Freddie Mac to be privatizedTreasury 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. 
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                            New rules on advance-payment incomeTreasury issued proposed regulations that provide new rules on how taxpayers treat advance-payment income under new book-tax conformity rules. 
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                            Planning for compliance with new sales tax lawsBusinesses 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. 
