Accounting

December 9, 2019 

The Association suggests the GloBE tax be applied only to large multinational enterprises (MNEs) to focus tax administrators’ resources on taxpayers that have the potential ability to generate material base-erosion or base avoidance transactions.

December 6, 2019 

With technology evolving at an increasingly breakneck pace and impacting literally every aspect of today’s accounting practice, it has never been more difficult to separate the tech hype from the reality of workable solutions.

Roman Kepczyk

December 6, 2019 

Today, the role of auditors is largely limited to the audit of financial statements—the bedrock foundation for financial information reported by companies—and audits of internal control over financial reporting (ICFR).

December 6, 2019 

The Weave Payment platform combines the power and convenience of Text to Pay with the ease and efficiency of the Weave Payments credit card terminal and virtual terminal. Text to Pay is a powerful, convenient feature that allows businesses to collect ...

December 6, 2019 

One of the ways to set yourself apart as a CPA is to help your clients (and prospective clients) keep money “in play.” Keeping money in play is critical, so it’s important that CPAs have a working knowledge of strategies that help clients preserve ...

December 6, 2019 

Profit growth over the next 12 months is now expected to be 2.7 percent, down from 2.8 percent last quarter and significantly below the outlook of 4.3 percent a year ago. Similarly, 12-month revenue growth expectations dropped a tenth of a percentage ...

December 5, 2019 

The purpose is to align the materiality concepts discussed in AICPA Professional Standards with the description of materiality used by the U.S. judicial system, the auditing standards of the Public Company Accounting Oversight Board...

December 5, 2019 

When it comes to passive vs. active income concerns, you should be ready to advise which structure makes the most sense for them and offers the best tax advantages.

Nellie Akalp

December 5, 2019 

Stabilizing cash-flow is a major challenge for small-to-midsize businesses. Inefficient wire transfers and fragmented accounting processes force businesses to wait several days to receive payments from their payers. For small businesses expanding their...

December 5, 2019 

The American Institute of CPAs’ (AICPA) Auditing Standards Board (ASB) has released Statement on Standards for Attestation Engagements No. 19, Agreed-Upon Procedures Engagements, to supersede SSAE No. 18 AT-C section 215 of the same title in AICPA ,,,

December 4, 2019 

Any accounting firm that’s serious about giving clients what they need and value – and raising their own relevance and bottom line – can’t afford to lose out on the tremendous opportunities created by Client Accounting Services (CAS).

December 4, 2019 

Each year, thousands of accountants and tax pros, join together online with nationally-recognized speakers and thought leaders for this free online conference that is recognized by the AICPA, the IRS and NASBA for CPE and CE credit.

Isaac M. O'Bannon