Latest Articles

January 23, 2019 

Public entities are well underway with adoption of the new revenue recognition standard, as the new guidance is effective for interim and annual periods in 2018. Private companies still have some time as the guidance is effective in 2019 for annual ...

January 23, 2019 

All businesses relish a good sales tax audit. After all, what’s not to like? And did you know it’s possible to spend more time, money, and resources than absolutely necessary during an audit? It’s true. Simply follow the five tips below and you’ll ...

Gail Cole

January 23, 2019 

The IFRS Foundation has published an updated guide to using the IFRS Taxonomy, to help companies with the electronic tagging of their financial statements. The IFRS Taxonomy facilitates the creation and use of IFRS financial statements in an electronic format by defining specific codes, or elements, that companies can use to tag information. Such tagged...…

January 23, 2019 

The Governmental Accounting Standards Board (GASB) has issued a proposed Implementation Guide that contains questions and answers about the GASB’s new standards on accounting and financial reporting for fiduciary activities.

January 23, 2019 

The credit losses standard issued in 2016 requires organizations to measure all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts with ...

January 23, 2019 

When it comes to risk-taking in the workplace, seven in ten (69%) women are open to taking small risks to further their career, but far fewer (43%) are open to taking bigger risks that may be associated with career advancement, according to a study of over 2,000 professional women by KPMG LLP. According to the...…

January 23, 2019 

Particularly strong growth from tax (14.8%) and advisory (10.4%) service lines across the network.

January 23, 2019 

Warren Buffet famously said, "It takes 20 years to build a reputation and five minutes to ruin it." Well before Buffet came along, however, Benjamin Franklin was dispensing similar wisdom: “It takes many good deeds to build a good reputation, and only ...

Jodi Chavez

January 22, 2019 

Last October, ADP acquired Global Cash Card in Orange County, triggering investments in the area as ADP took notice of the immense amount of local technology, talent and opportunity. The Costa Mesa office space ensures a variety of talent as it will ...

January 22, 2019 

The holiday shopping season is over now, and many Americans are seeing the impact on their credit card bills and bank statements. During the holidays, people often make a lot of large purchases, and sometimes max out their cards in order to do so.

January 22, 2019 

Online reviews continue to be one of the most important criteria used to select products and services, including services from local professionals like tax pros and accountants. A 2018 survey by BrightLocal showed that 86% of consumers used online ...

January 22, 2019 

To help public and private companies adjust to FASB’s new lease accounting standard, Grant Thornton LLP has introduced a web-based application called LeaseCom Analytics (LCA). LCA combines advanced analytics and machine learning to automate the ...