The internal control framework that was unveiled last year by the Committee of Sponsoring Organizations of the Treadway Commission, also known as COSO, will take some time to adjust to, but the Securities and Exchange Commission is encouraging companies to transition to it by the end of this year.
The tax reform proposal issued this week by House Ways and Means Committee chairman Dave Camp, R-Mich., is continuing to generate plenty of discussion.
G2 FinTech focuses on a technology niche of helping accountants automate the process of tax preparation for financial firms that need to deal with complex transactions such as wash sales and straddles on a regular basis.
Bloomberg BNA has published a new book examining the history and workings of the Public Company Accounting Oversight Board.
Financial executives should become more involved in their company’s sustainability reporting efforts, according to a new report.
PricewaterhouseCoopers has just joined the rest of the Big Four firms in officially sponsoring the work of the International Valuation Standards Council, which aims to create globally recognized and accepted valuation standards, particularly for financial instruments, and promote quality within the valuation profession.
Automobile repair and maintenance shops are recovering slowly from the recession and could benefit from more help from their accountants, according to a new report.
QuickBooks maker Intuit ran a commercial during the Super Bowl on Sunday to promote a local small business. The winner of the competition for the 30-second ad was GoldieBlox, a startup company based in Oakland, Calif., whose toys aim to inspire young girls to become engineers.
PricewaterhouseCoopers is anticipating that Super Bowl XLVIII will generate over $210 million in direct spending in the New York and New Jersey area, though the revenue generated by the Super Bowl and other pro football activities is leading some to question the NFL’s nonprofit, tax-exempt status.
The new updates that the Financial Accounting Standards Board has just released for goodwill and interest rate swaps make good on its promise to follow up on the suggestions of the Private Company Council that FASB’s parent organization, the Financial Accounting Foundation, established less than two years ago.