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The Chicago-based firm will help Phoenix nonprofit Pal Experiences become more sustainable through funding and support.

No kidding; Time’s up; jailbird; and other highlights of recent tax cases.

The Financial Accounting Standards Board issued the Current Expected Credit Loss (CECL) accounting standard in 2016. Since then, many questions have been raised about what it requires, particularly by financial services companies.

The IRS is pushing deadlines and payment deadlines back to July 15 for some taxpayers.

The Securities and Exchange Commission is exempting filers with less than $100 million in revenue from the requirement for an attestation of their ICFR by an outside auditor.

The Chicago-based firm will combine its consulting experiences with Llamasoft’s optimization technology to help its clients meet their supply chain objectives.

The board's ASU offers temporary optional guidance to help with the accounting for reference rate reform.

Notice 2020-15 clarifies what Covid-19 expenses can be covered from HSAs.

The American Institute of CPAs has debuted SOC for Supply Chain, a risk management reporting framework that CPAs can use to provide assurance services as they face risks in their supply chain ranging from coronavirus to trade to other threats.

Two former Puerto Rico officials, along with the head of an accounting firm and three others, were indicted over allegations of theft, money laundering and wire fraud, escalating federal investigations that have been swirling around the bankrupt U.S. territory.