The high-profile insider trading case involving a KPMG lead audit partner could add fresh impetus to a Public Company Accounting Oversight Board proposal for auditors to add their names to audited financial statements.
Charitable giving to international philanthropies has been growing in recent years, especially as the economy slowly recovers from the recession, but much uncertainty remains over charitable deductions and financial planning, which accountants can help their clients overcome.
Banks and other financial institutions are beginning to work more closely with the Internal Revenue Service and law enforcement authorities on safeguarding taxpayers from identity thieves who steal tax refunds.
The Center for Audit Quality has unveiled the latest entry in its series of film noir-style animated videos about auditing made to resemble old-fashioned comic books.
As if this tax season had not been full of enough unpleasant surprises, an Illinois CPA firm received a pair of unexpected visitors last week: two deer who came jumping through the window.
One of the drawbacks of having International Financial Reporting Standards could be that they might mean different things in different languages.
Tax lawyer David Hryck, who services high net worth individuals and billionaire business owners, sees some positives in the fiscal cliff deal. Even though it raised taxes on some of his clients, there are still some tax breaks that can be used to advantage, particularly on capital gains, dividend and gift taxes. Plus it could have been much worse if there had been no deal between congressional Republicans and the Obama administration.
Anthony Lombardi of the Lombardi Group aims to be an essential resource for the CPA firms he works with in Southern California.
The Republican leadership of the House Ways and Means Committee is expected to release a discussion draft of its tax reform proposals for small businesses on Tuesday.
Chinas official trade union organization is planning to unionize the Big Four accounting firms.
Search Accounting Today
February 6, 2014
U.S. Wealth Management CEO John Napolitano discusses how CPAs can start a financial planning practice and how the initiative can go wrong.
March 3, 2014
As companies gain more affordable access to new technology and platforms, they also seek to make smarter investments.
February 7, 2014
The Tax & Accounting business of Thomson Reuters has compiled its annual sampling of quirky sales tax changes passed or implemented in 2013.
January 31, 2014
The Minnesota Society of CPAs recently conducted its annual survey about the most strange and unusual tax deductions proposed by clients.
January 24, 2014
The Taxpayer Advocate proposes a list of rights and responsibilities.
December 31, 2013
Our editors picks for the biggest stories in accounting in 2013