Technology

July 3, 2018 

The Internal Revenue Service has released a prototype of the new Form 1040 that hundreds of millions of Americans use to file their annual taxes. The new "postcard sized" form will be used for the 2018 income tax year, which most Americans will file ...

July 3, 2018 

The large national accounting firm WithumSmith+Brown has announced the promotion of three senior managers to the position of partner. Ryan Babiak, Joseph Cassano and Shawn P. Gillon are the newest partners to join the firm’s growing corporate leadership team, effective July 1, 2018. New partner bios can be viewed here. “Ryan, Joe and Shawn represent...…

June 28, 2018 

The iXBRL specification is used by millions of companies around the world to report their financial information. Based on discussions with companies implementing and using iXBRL, the AICPA believes that the use of iXBRL by filers will ...

June 28, 2018 

Once bitten, twice (thrice or more) shy? Unfortunately, of the businesses that reported having a cyber attack, 44% of them said they "had been attacked two, three or four times."

June 26, 2018 

Assuming roles outside of the finance function is of increasing importance for CFOs. From reporting tools to automation opportunities, CFOs are learning to roll with the punches with a host of new technologies coming online.

June 26, 2018 

Even before Quill was overturned, jurisdictions were constantly readjusting their tax strategies to close the tax gaps generated by digital transformation and evolving business models. This means tax requirements are always changing, creating ...

June 25, 2018 

Audited financial statements are a key underpinning of our financial markets. But are they still relevant in a digital world in which reams of information can be synthesized and analyzed for insight?

June 25, 2018 

Workful’s two main offerings are a payroll manager and an HR manager, with a point of sale (POS) system soon to join. With the payroll tool, company managers can easily automate payroll for employees by syncing with their employee’s timesheets, ...

June 25, 2018 

The Paychex report also showed a commitment to talent management, as 85% of respondents said they’re focusing on company culture to drive results, and 77% feel their current HR technology solution is improving overall employee experience.

June 25, 2018 

Revenue recognition brought to light a diversity of practice in the way that nonprofit organizations and funders classified grants and contracts from federal, state and local governments and other funding sources such as foundations in the financial ...

June 25, 2018 

In today’s real-time digital world, businesses need to adapt to dynamic opportunities quickly. Finance teams in particular are under pressure to reduce their operating costs, while acting as a strategic partner to various parts of the business. The expectations are clear – reduce the effort spent on manual, routine tasks and focus on new insights...…

June 25, 2018 

How does your firm exchange important financial documents with clients? Do clients send earnings statements and tax documents by regular mail, or perhaps as email attachments? In the event of an audit, how are PBC (prepared by client) supporting documents delivered? Finally, how does your firm exchange documents requiring client signature? Tax and financial documents...…