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The House Financial Services Committee has overwhelmingly approved bipartisan legislation that would remove a requirement for smaller public companies with less than $250 million in annual revenue from filing their financial statements in Extensible Business Reporting Language, or XBRL, format for five years.
March 14 -
The Certified Financial Planner Board of Standards is working on several new initiatives to provide greater academic support for the financial planning profession, including a new Ph.D. program and academic journal, along with the possible establishment of a Center for Financial Planning.
March 14 -
The American Institute of CPAs has written a letter to the Internal Revenue Service, asking the agency to postpone the effective dates for cost basis reporting for options and debt instruments.
March 12 -
Charitable donations typically drop off after the surge at the end of the year, and soon after that clients can compile their list of their contributions from the previous year so they can provide this information to their accountants.
March 10 -
Check out the digital edition of the March 2014 issue of Accounting Today.
March 7 -
The Bitcoin world reacted with a mixture of acceptance and resignation to a Newsweek magazine report that the creator of the digital currency is a 64-year-old Japanese-American man living in the Los Angeles area.
March 6 -
When Accounting Today and Cetera Financial Specialists set about identifying leading CPA wealth managers for our Seeking Success project, we chose firms whose revenue growth from wealth management was higher than for their other services. But we could have chosen other measures, such as growth in assets under management, or number of new clients.
March 2 -
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New methods of investing can keep clients on track
March 2 -