The Financial Accounting Standards Board hopes to reduce some of the complexity of its standards by leveraging the work of its sister organization, the Private Company Council, which has been working to adjust the accounting rules for the scaled-back needs of smaller businesses.
Grant Thornton is one of the many firms and organizations weighing in on the lease accounting changes proposed by the Financial Accounting Standards Board and the International Accounting Standards Board, which would add leases to corporate balance sheets around the world for the first time.
The Internal Revenue Service has released final regulations for repairs of tangible property, providing some benefits for small businesses that were not in the earlier temporary regulations, but also perhaps shutting them out from breaks available to larger companies.
Federal Express was able to work out a settlement with the Internal Revenue Service late last month in a long-running case involving tax credits for research and development, and the case could have broad implications for other companies claiming R&D tax credits for internally developed software.
The New Jersey Society of CPAs has decided to address the social media trend by giving its members advice on how to leverage Twitter with the help of a slightly older but equally popular Web medium, YouTube.
Antoinette Tuff, the compassionate bookkeeper who talked a troubled young man out of gunning down the children at the Georgia elementary school where she worked, has set up a fund to help underprivileged children and raised over $100,000.
PricewaterhouseCoopers is seeing more companies expressing an interest in looking beyond their basic financial results so they can develop new frameworks to provide a more informative view of their business.
Ernst & Young has seen greater interest from clients in incorporating sustainability reporting as part of the services they want from the firm.
The portal that the Internal Revenue Service has just opened for financial institutions to use for registering under the Foreign Account Tax Compliance Act is only the latest component that the IRS has rolled out ever so slowly to prepare banks and U.S. taxpayers abroad for the controversial FATCA provisions.
With cybercrime becoming a greater threat to companies, a new report finds that its just one of the technology challenges facing middle-market businesses.
Search Accounting Today
April 18, 2014
Jim Metzler, former AICPA vice president of small firm interests, and founder of Metzler Advisory Group, talks about how the CPA profession is changing.
April 14, 2014
Transition Advisors president Joel Sinkin talks about what firms should do after a merger to retain their clients and staff members.
April 2, 2014
Gale Crosley of Crosley + Company discusses the practice areas and international opportunities that firms often overlook in trying to grow.
March 31, 2014
Running a little late could have big repercussions, especially at a firm in the midst of busy season. From escaped zebras to must-see TV, employers told CareerBuilder some of the most memorable excuses they've heard from tardy employees.
March 19, 2014
The NAEAs collection of ridiculous things tax clients believe.
March 10, 2014
The firms with the highest 2013 revenue growth in our Top 100 Firms/Regional Leaders list.
March 3, 2014
As companies gain more affordable access to new technology and platforms, they also seek to make smarter investments.
January 31, 2014
The Minnesota Society of CPAs recently conducted its annual survey about the most strange and unusual tax deductions proposed by clients.