The Latest

A chief accountability officer can improve the functioning of accounting firms.

The American Institute of CPAs’ Financial Reporting Committee has sent a letter to the Financial Accounting Standards Board questioning the costs and benefits of FASB’s current goodwill impairment model.

The Securities and Exchange Commission has named Rebekah Goshorn Jurata, a special assistant to the president for financial policy on the White House’s National Economic Council.

The Internal Revenue Service has issued a second early draft version of the new Schedule 1 for next tax season’s Form 1040 to include a question up top about whether a taxpayer has sold, received, exchanged or acquired cryptocurrencies such as Bitcoin or Ethereum.

You and your client both invested your most valuable resource — time — into a meeting. Don’t drop the ball now.

AICPA announces 36 Leadership Academy grads and grants 25 fellowships to minority students; RKL and Baker Tilly named Best Places to Work in Pennsylvania; and more CPA news.

BKD names three office managing partners; LBMC appoints SALT leader; and more personnel news.

Section 1031 exchanges involving related parties present some of the most complex problems in tax law.

Rising tensions between Washington and Beijing have prompted some White House officials to fixate on a provocative question with big implications for global markets: Why can Chinese companies sell shares in the U.S. when American regulators are barred from inspecting their books?

Paychex wins HR tech award, and TripIt is now available for Mac users.