Featured News
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PCAOB adds new filters to inspections database
The PCAOB released new search filters on its website that allow people to look for reports with six new criteria on its Firm Inspection Reports page.
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IRS urges those with extensions to file soon
The IRS is reminding individuals using an extension to file their tax returns as soon as possible to take advantage of special tools available on IRS.gov.
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Transition relief provided for change in RMD beginning date
The IRS provided transition relief regarding the change in the required beginning date for required minimum distributions (RMDs) under the SECURE 2.0 Act in Notice 2023-54.
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Survey: Less than half of SMBs use data to drive growth
Only 42% of small- and medium-sized businesses (SMBs) are using their data to drive growth, according to a new survey.
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Finance function budgets jump 7.5%, study finds
For the first time in at least a decade, most large companies reported that the cost of operating their finance functions rose 7.5% year over year in 2023, a new study finds.
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IRS reports service improvements, modernization
The IRS recently reported its progress on the agency’s modernization efforts after receiving billions in extra funding through the Inflation Reduction Act.
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Enhancing your advisory services during summer
Seasonal fluctuations are a part of life in accounting, but you can take advantage of this summer downtime to enhance your advisory services.
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SEC approves new rules for money-market funds
The SEC adopted amendments to certain rules that govern money market funds under the Investment Company Act of 1940.
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Small business confidence reaches 7-month high
U.S. small business confidence climbed to a seven-month high in June as pessimism about the economic outlook diminished sharply and sales expectations improved, a new study finds.
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GASB offers guidance on application of standards
GASB has issued implementation guidance in the form of questions and answers to clarify a series of the board’s pronouncements.