Auditing March 4, 2026
SEC and PCAOB Enforcement Plummets
In 2025, the SEC brought 68% fewer accounting and auditing actions than in 2024, and the PCAOB finalized 27% fewer actions over the same period, according to Cornerstone Research.
March 19, 2015
How to Manage the 4 Stages of the Transfer Pricing Life Cycle
Transfer pricing activities have faced increased scrutiny by tax authorities around the world and within the United States. As such, many companies are seeking more guidance on how to best manage their transfer pricing life cycle.
March 10, 2015
Thomson Reuters ONESOURCE Indirect Tax Now Integrates with Microsoft Dynamics GP
Thomson Reuters has announced the integration of the Microsoft Dynamics GP business solution with the ONESOURCE™ Indirect Tax solution.
March 2, 2015
How Self-Employed Businesses Can Take On IRS Audits
Running a small business subjects an owner to various twists and turns on a daily basis. Few events, however, will raise an entrepreneur’s blood pressure quicker than a U.S. Department of Treasury letter informing them the business has been selected ...
February 25, 2015
AICPA Comments on FASB Disclosure Requirements Exposure Draft
In a February 23 letter, FinREC Chairman Jim Dolinar and AICPA Investment Companies Expert Panel Chairman Brent Oswald expressed support for the FASB’s effort to provide consistency and transparency through alignment of disclosure and ...
February 10, 2015
CFOs Worry that Disclosure of Tax Planning Damages Reputation
More than three-fourths of public company CFOs say that exposure to the public of corporate tax planning has a detrimental impact on their reputation, according to the latest annual global survey of multinational CFOs conducted by Taxand, a global organiz
January 28, 2015
FASB and PCC to Hold Private Company “Town Hall” at Southern Methodist University
The Financial Accounting Standards Board (FASB) and the Private Company Council (PCC) will host their fourth Private Company Town Hall Meeting on April 28, 2015, at Southern Methodist University in Dallas, Texas. The town hall meeting will take place from
January 21, 2015
8 Tips to Spot an Income Tax Phone Scam
It's tax season, and Americans dread doing their taxes. On the other hand, it's tax season, and millions of Americans will soon be anxiously awaiting their income tax refunds. But they need to avoid the scammers.
January 20, 2015
Bill.com Offers Payment System for NetSuite Cloud Computing Users
Online business payments network Bill.com has announced its new Bill.com Payments for NetSuite SuiteApp has achieved ‘Built for NetSuite’ verification. The Bill.com Payments for NetSuite SuiteApp is an integrated, full-service payments services solution a
January 16, 2015
Thomson Reuters Adds Loan Module to Transfer Pricing Documenter
The ONESOURCE Transfer Pricing Loan Module, which incorporates a subset of key financial data from Moody’s Analytics’ RiskCalc, has been designed to facilitate the benchmarking, documentation and auditing of intercompany loans and improve risk management.
January 12, 2015
Michael Maher Receives Lifetime Achievement Award from AICPA
Michael Maher, Ph.D., has been awarded the 2015 Lifetime Contribution Award by the AICPA.
December 29, 2014
FASB Issues Alternative Accounting Standard on Intangible Assests
The Financial Accounting Standards Board (FASB) today issued guidance intended to improve private company financial reporting regarding accounting for identifiable intangible assets in a business combination. FASB Accounting Standards Update No. 2014-18, Business Combinations (Topic 805): Accounting for Identifiable Intangible Assets in a Business Combination, is based on a consensus reached by the Private Company...…
December 17, 2014
Audit and Risk Professionals Say Biggest Challenge is Communicating with Executives
The most widespread challenge facing audit, risk management and compliance professionals is putting their work into a context that speaks to executives. According to the 2014 GRC Technology Pulse Survey, conducted by ACL, the company that is ...