PCAOB June 26, 2026
The new process for audit firms "aims to enhance the consistent interpretation and high-quality implementation of PCAOB standards and promote timely resolution of interpretive questions," the audit regulator says.
June 26, 2026
June 26, 2026
December 11, 2018
The accounting and professional services firm Sikich has acquired the practice of Knutte & Associates, a Darien, Illinois-based audit, accounting and tax firm.
December 11, 2018
The large disparity may just come down to gender differences in risk-taking behavior. In a 2004 experiment, researchers designed a computer game involving gambling and risk and found significant differences in the way men and women perceived ...
December 10, 2018
In the early period of performance pricing, creditworthiness (and, therefore, rates) were determined principally by accounting metrics, most commonly the ratio of company debt to earnings, with grids specifying higher rates as a firm’s ratio increased ...
December 10, 2018
We’ve been through a year together learning about Emerging Technologies. While there will always be new technology, we are not likely to go through a period of time again anytime soon where the algorithms are changing so rapidly and the new ...
December 10, 2018
Professional services organizations typically have some of the most demanding requirements for employee expense management. Not only can employees in professional services bill their employers, they also bill their clients for certain expenses ...
December 7, 2018
An email may start with a simple, “Hey, you in today?” and, by the end of the exchange, all of an organization’s Forms W-2 for their employees may be in the hands of cybercriminals. This puts workers at risk for tax-related identity theft.
December 7, 2018
Some 57 percent of survey respondents expressed optimism about the U.S. economy over the next 12 months, down 12 percentage points from last quarter and a steep decline from the post-recession high of 79 percent set at the start of the year.
December 7, 2018
The Internal Revenue Service has issued Notice 2018-97 offering guidance on a recent tax law change that allows qualified employees of privately-held corporations to defer paying income tax, for up to five years, on the value of qualified ...
December 7, 2018
There is a plethora of information (and more pointedly, misinformation) about the Tax Cuts and Jobs Act of 2017 (TCJA) that taxpayers are taking as gospel and applying to their 2018 tax situation.
December 7, 2018
The American Institute of CPAs (AICPA) and the National Association of State Boards of Accountancy (NASBA) have renewed a Mutual Recognition Agreement (MRA) with the Chartered Accountants of Australia and New Zealand (CA ANZ).
December 7, 2018
Under the Internal Revenue Code, the rate of interest is determined on a quarterly basis. For taxpayers other than corporations, the overpayment and underpayment rate is the federal short-term rate plus 3 percentage points.
December 7, 2018
The IRS also reminds all professional tax preparers that they are required by federal law to create and maintain a written data security plan. Sole practitioners are just as vulnerable to data theft as practitioners in large firms.