Latest Articles

June 29, 2018 

Each year about 1 in 160 individual taxpayers are audited; although, the chance of an audit goes up as income increases. About 1 in 50 tax returns reporting gross income above $500,000 are audited, and for returns reporting more than $5 million in ...

June 28, 2018 

The Student Case Competition gives students an opportunity to analyze a relevant case study and develop a solution. Teams submit videos to present their case analysis and from there the finalists present to an audience at the IMA’s Annual Conference ...

June 28, 2018 

The iXBRL specification is used by millions of companies around the world to report their financial information. Based on discussions with companies implementing and using iXBRL, the AICPA believes that the use of iXBRL by filers will ...

June 28, 2018 

Once bitten, twice (thrice or more) shy? Unfortunately, of the businesses that reported having a cyber attack, 44% of them said they "had been attacked two, three or four times."

June 28, 2018 

Michigan Ross Professor Maxim Sytch walks you through a quick “Personal Power Audit” that measures just how replaceable you are on the job. And if find yourself a little alarmed about your results, don’t worry: Sytch offers five concrete steps to take that can help improve your job security. Subscribe for more: http://bit.ly/RossSubscribe

June 28, 2018 

In today’s customer-centric services economy, organizations are challenged to interpret the overwhelming amount of captured customer and financial data, and adapt to changing market and customer demands at speed. To help tackle these challenges, ...

June 28, 2018 

Supported by contributions to the CPA Endowment Fund of Illinois, the Society’s Scholarship Program recognizes accounting students who demonstrate strong academic performance, leadership qualities and financial need.

June 28, 2018 

Armanino LLP has launched a combined Risk Assurance and Advisory Services practice to enhance its ability to offer a wide range of risk and compliance solutions to clients. The move brings an innovative approach to compliance with a ...

June 28, 2018 

Thomson Reuters Checkpoint Catalyst has released its analysis of the new IRC Section 199A qualified business income deduction, one of the most talked about provisions enacted by the Tax Cuts and Jobs Act (TCJA) of 2017.

June 28, 2018 

The Tax Cuts and Jobs Act was signed into law on December 22, 2017 and represents the most extensive tax reform legislation we’ve seen in 30 years. These sweeping tax law changes impact many taxpayers, including individuals, businesses, estates and ...

June 26, 2018 

Assuming roles outside of the finance function is of increasing importance for CFOs. From reporting tools to automation opportunities, CFOs are learning to roll with the punches with a host of new technologies coming online.

June 26, 2018 

Even before Quill was overturned, jurisdictions were constantly readjusting their tax strategies to close the tax gaps generated by digital transformation and evolving business models. This means tax requirements are always changing, creating ...