PCAOB May 29, 2026
PCAOB Establishes Inspections Modernization Council
The Public Company Accounting Oversight Board is forming a new advisory panel as the regulator looks to modernize how it inspects the work of public company audit firms.
July 22, 2015
IRS Has Material Weakness in Internal Controls Over Unpaid Tax Assessments
The Internal Revenue Service (IRS) is currently planning activities to address a recurring financial material weakness in its internal control over unpaid tax assessments. However, planning for the Customer Account Data Engine 2 (CADE 2) Transition State 2 (TS2) has not included specific actions and activities necessary to guide new system development efforts and to...…
July 21, 2015
77 Percent of Americans Anxious about Online Security of Financial Information
Americans worried about security of financial information, email hacking, home robberies - not so much about having naked pictures posted online.
July 20, 2015
Small Businesses Can Get IRS Penalty Relief for Unfiled Retirement Plan Returns
The Internal Revenue Service is encouraging eligible small businesses that did not file certain retirement plan returns to take advantage of a low-cost penalty relief program enabling them to quickly come back into compliance.
July 16, 2015
Fundbox Cash Flow System Launches New Mobile Dashboard
Fundbox, a mobile cash flow optimization platform for small businesses, has launched a redesigned, mobile-optimized dashboard. The new dashboard offers additional functionality, an improved user interface, and the convenience of one-click invoice ...
July 16, 2015
The ABCs of Higher Education Tax Breaks
One of the groups working on tax reform for the Senate Finance Committee (SFC) has just recommended that the two higher education credits and the tuition deduction be combined into a single credit. But significant tax reform is still in its infancy.
July 11, 2015
Audit Committee Members Say New Technologies Provide Vital Benefits
More than 75 percent of audit committee members and financial statement preparers surveyed believe there are significant benefits to auditors utilizing advanced technologies.
July 10, 2015
Ultimate Accounting vCon Begins 2015 Summer Intensive CPE Programs
The next day-long summer intensive, How to Implement Value Pricing and Give Yourself a Raise, is July 28, 2015. Six hours CPE will be granted to qualified participants who listen live.
July 9, 2015
U.S. Business Optimism Rises as Greek Outlook Nosedives
In second quarter 2015, optimism for the economic outlook among U.S. business leaders rose 11 percentage points to net 54 percent. Eurozone confidence spiked to net 54 percent, a significant increase from net 34 percent last quarter.
July 9, 2015
The First Steps to Starting a Small Business LLC
Starting a business sounds simple – take your idea, get a federal ID number and a bank account, and you’re ready to go. Unfortunately, that level of simplicity is a myth. There are many complexities and nuances when creating a business at the federal ...
July 9, 2015
Bill.com Launches New App for Simple Mobile Business Payments
Cloud-based invoice and payment automation company Bill.com has launched its new Bill.com iOS mobile app to provide small business owners with a seamless mobile solution for managing and paying bills on the go. This launch drives forward the Bill.com ...
July 9, 2015
Study Reveals State of Accounts Payable, ePayables Adoption
According to the report, epayables adoption is gaining the most initial traction in key areas, such as document imaging/scanning (72 percent), automated routing and workflow approval (52 percent), and automated data capture and extraction (38 percent).
July 8, 2015
IPO Market Heats Up in Second Quarter, According to PwC
The U.S. IPO market came back to life in the second quarter of 2015, surging 83 percent in volume and 111 percent in proceeds raised, compared to the first quarter of 2015, according to IPO Watch, a quarterly survey by PwC US.