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Will implementation of the Affordable Care Act be a permanent burden on the Internal Revenue Service, an organization already strapped for cash? And how will it affect preparers and taxpayers?
November 1 -
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Accountants counsel clients on Obamacare exchanges
November 1 -
There's never been such a wealth of tax and accounting information available -- you just need to figure out how to access it
November 1 -
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FASB's proposed lease accounting rules really do try to get more useful information about assets and liabilities into financial statements. However, we don't think it's strong enough, because it doesn't cleanly address the No. 1 priority issue that asks whether off-balance-sheet financing has any legitimacy in financial reporting.
November 1 -
The Financial Accounting Standards Board and the International Accounting Standards Board are revealing further details about their long-stalled plans for creating a Disclosure Framework to help accountants decide on which notes to include with financial statements.
November 1 -
Allen M. Abrams, co-founder of the Chicago-based accounting firm Ostrow Reisin Berk & Abrams, Ltd., has died after a brief illness at the age of 81, on Oct. 27, 2013, his firm announced.
October 31 -
Russell Golden, the recently appointed chairman of the Financial Accounting Standards Board, discussed the road ahead for FASB after the board marked its 40th anniversary earlier this year as it continues its efforts to reach a consensus with the International Accounting Standards Board on their remaining convergence projects.
October 31 -
After dropping in September, the accounting professions expectations for economic growth rebounded this month, according to the October edition of Accounting Todays monthly Accountants Confidence Index.
October 30