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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

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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.

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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

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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.

 FASB Issues Alternative Accounting Standard on Intangible Assests

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...…

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December 15, 2014 

AICPA Issues Advisory to Employee Benefit Plan Sponsors

The AiCPA has prepared a new advisory to provide plan sponsors, administrators and trustees with an understanding of the importance of hiring a quality auditor to perform employee benefit plan financial statement audits

 AICPA Proposes Transforming Peer Review Program

December 15, 2014 

AICPA Proposes Transforming Peer Review Program

The American Institute of CPAs has issued a concept paper that seeks input on the CPA profession’s practice monitoring of the future. The paper, “Evolving the CPA Profession’s Peer Review Program for the Future,” paints a picture of how the existing ...

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December 8, 2014 

7 Key Risk Areas for 2014 Audit Cycle

To help public company auditing firms address risks in a proactive and accelerated manner, the Center for Audit Quality (CAQ) has published a member alert, “Select Auditing Considerations for the 2014 Audit Cycle.”