Latest Articles

 AICPA Issues New Revenue Recognition Guide

January 17, 2017 

AICPA Issues New Revenue Recognition Guide

With companies and not-for-profit entities facing a top-to-bottom review of their revenue recognition because of a looming accounting standard, the American Institute of CPAs (AICPA) has issued the first online edition of an Audit & Accounting Guide ...

 Clarity on Switch from SSAE 16 to SSAE 18

January 16, 2017 

Clarity on Switch from SSAE 16 to SSAE 18

The switch from SSAE 16 to SSAE 18 will have an impact on companies who currently perform the SSAE 16 audit, but will have an even greater impact on those companies who are considered third party vendors to other businesses, and currently do not ...

 FASB to Host Roundtable Meetings on Disclosure Framework

January 16, 2017 

FASB to Host Roundtable Meetings on Disclosure Framework

The purpose of the roundtable meetings is to obtain feedback on whether the proposed FASB Concepts Statement, Conceptual Framework for Financial Reporting—Chapter 8: Notes to Financial Statements (Chapter 8) , is useful in identifying relevant ...

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January 16, 2017 

Payroll in 2017: What to Expect

As we prepare for a new administration, let’s take a look at what we know, what will change and what 2017 may bring.

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January 16, 2017 

PwC Acquires Global Tax Team from GE

PwC has announced that it will acquire the global tax services team and technologies of GE. The team of more than 600 highly-regarded tax professionals will join the PwC organization, and will provide enterprise tax services to GE and to other ...

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January 16, 2017 

Report Helps Businesses Prepare for Trump Tax Reforms

KPMG has issued a detailed report, “Understanding the Tax Reform Process: FAQ,” with a high-level overview on the U.S. tax reform outlook and steps for businesses to consider for a possible tax overhaul. The report – in question/answer format, ...

Marijuana Pot Store

January 16, 2017 

California Marijuana Shops Go Upscale, Resemble Apple Stores

Cannabis entrepreneurs, borrowing from successful retailers such as Apple and Whole Foods, are opening dispensaries with natural light, spacious displays and open-floor plans. With weed now legal for recreational use in California and six other states ...