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Patricia Thompson is the recipient of the 2014 Arthur J. Dixon Memorial Award, the highest honor given by the accounting profession in the area of taxation. The award was given by the Tax Division of the American Institute of CPAs.

Workday unveiled Workday Insight Applications, leveraging advanced data science and machine learning algorithms to help customers make smarter business decisions.

The new chief accountant of the Securities and Exchange Commission told attendees at a conference Thursday that he hopes to make a recommendation in the next few months on whether the SEC should move toward switching U.S. companies to IFRS, according to The Wall Street Journal.

Officials at the U.S. Securities and Exchange Commission (SEC) were briefed on a new report from George Washington University School of Business graduate students participating in a groundbreaking effort to improve the effectiveness of financial disclosure for investors.

Olivia Kirtley has been elected president of the International Federation of Accountants, becoming the first woman and the first representative from business and industry to serve in the position.

On Wednesday, the Public Company Accounting Oversight Board announced the agenda for the Nov. 20-21, 2014, meeting of the Standing Advisory Group in Arlington, Va.

It all began during a recent strategic planning assignment with a small business in Illinois when I asked the executives this question: “I see your sales units on the chart, but who is accountable for marketing?”

The IRS is reminding preparers and their clients with low-to-moderate income that they can take steps now to save for retirement and earn a special tax credit in 2014 and beyond with the Saver’s Credit.

Intuit is now offering guidance for tax pros on the Affordable Care Act.

Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.