GASB_logo_0_1_.5474ba8bd3dda

December 18, 2017 

GASB Proposes Guidance on Capitalization of Interest Cost

The Exposure Draft, Accounting for Interest Cost during the Period of Construction, proposes guidance that would enhance the relevance and comparability of information about capital assets and the cost of borrowing for a reporting period.

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December 18, 2017 

The Basics of Franchise Accounting

As a franchise owner, you can run your own business without the risk of starting a brand new company. Like any business, you take on the many responsibilities of day-to-day operations, including some basic accounting tasks.

Amanda Cameron

 IFRS Taxonomy Guide for Companies Now Available

December 18, 2017 

IFRS Taxonomy Guide for Companies Now Available

The IFRS Taxonomy facilitates the digital creation and consumption of financial information. It improves investors’ access to financial information by listing and defining specific codes, or elements, that can be used to tag items of data.

 2018 IRS Income Tax Rates and Brackets – Tax Reform

December 18, 2017 

2018 IRS Income Tax Rates and Brackets – Tax Reform

The Senate and House of Representatives are set to vote on the consolidated tax reform bill this week. With its passage looking likely, it will then head to President Trump's desk for signing shortly before Christmas.

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December 18, 2017 

Apps We Love – Podcast Managers and Podcasts

Many of us will be taking some time away from the office during the holidays, but that doesn’t mean we won’t want to stay connected with what’s happening in the world. We surveyed members of the CPA Practice Advisor community to find out how they ...

Gail Perry

powerful-women

December 18, 2017 

The 2017 Most Powerful Women in Accounting

This month we announced the winners of the 25 Most Powerful Women in Accounting awards. This annual celebration recognizes women throughout the profession who are making a measurable difference in the success of the accounting profession itself as ...

Gail Perry

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December 18, 2017 

Next Steps for GOP Tax Reform: When Will Trump Sign Tax Bill?

On Friday evening, House and Senate Republican leaders announced they have agreed to a new tax reform bill – the Tax Cuts and Jobs Act – by ironing out their differences in conference. Now the measure faces a vote in Congress before it can become law.

 IRS Warns of Hotmail Email Tax Scam

December 17, 2017 

IRS Warns of Hotmail Email Tax Scam

The Internal Revenue Service is warning taxpayers and tax professionals of a new email scam targeting Hotmail users that is being used to steal personal and financial information.

 Tax Reform 2018: Deductions and Credits Explained

December 17, 2017 

Tax Reform 2018: Deductions and Credits Explained

House and Senate Republicans have agreed to a new tax reform bill – the Tax Cuts and Jobs Act – by ironing out their differences in conference. Now the measure faces a vote in Congress the week before Christmas before it can become law.