Accounting Today

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Accounting Software Vulnerable to Hackers

Security researchers recently demonstrated a new way that accounting software could be hacked, allowing unauthorized payments to be sent to cybercriminals.

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Posted by Michael Cohn at 06:58AM | Comments (0)

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Online Calculator Helps Tax Clients Navigate the Fiscal Cliff

The Tax Policy Center is offering an online calculator to help taxpayers understand the impact of the fiscal cliff on their finances.

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Posted by Michael Cohn at 03:52PM | Comments (0)

CFP Board Backtracks on Increasing Education Requirements

The Certified Financial Planner Board of Standards is rethinking the idea of changing the continuing education requirements for CFPs.

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Posted by Michael Cohn at 07:12AM | Comments (0)

Kroeker Rejoins Deloitte

James Kroeker departed his job as chief accountant of the Securities and Exchange Commission soon after delivering a long-awaited SEC staff report on the status of the convergence effort with International Financial Reporting Standards.

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Posted by Michael Cohn at 07:47AM | Comments (0)

U.K. Criticizes U.S. Multinationals’ Tax Avoidance

A report from a British Parliamentary committee takes aim at the tax strategies of the U.S. multinational giants Amazon, Google and Starbucks.

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Posted by Michael Cohn at 07:52AM | Comments (3)

COSO Chair Previews New Internal Control Framework

David Landsittel, the chairman of the Committee of Sponsoring Organizations of the Treadway Commission, or COSO, wants auditors to get ready for the expanded internal control framework that he anticipates will be approved next year.

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Posted by Michael Cohn at 08:50AM | Comments (0)

Charting the Fiscal Cliff

Financial advisor Leon LaBrecque and his team at LJPR LLC have created a helpful chart to help people get a better understanding of the so-called fiscal cliff.

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Posted by Michael Cohn at 06:05PM | Comments (0)

Thanksgiving Dinner from a Tax Perspective

Tax compliance software provider Convey has created a cute and informative infographic estimating how much the average Thanksgiving family dinner would cost in taxes.

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Posted by Michael Cohn at 03:27PM | Comments (0)

Holiday Shopping Price Service Debuts

Pepcom’s mini tech trade show last Thursday featured a host of vendors showing off their latest gadgets and software, including one with a price engine geared toward shoppers.

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Posted by Michael Cohn at 07:49AM | Comments (1)

IASB Picks New U.S. Member

In what may be an olive branch to U.S. accountants worried about losing influence on the International Accounting Standards Board, the IASB has named a new member from the U.S. to replace a departing one.

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Posted by Michael Cohn at 04:55PM | Comments (0)