The Governmental Accounting Standards Board has released a new Implementation Guide with questions and answers about GASB’s new standards on accounting and financial reporting for post-employment benefits other than pensions, such as retiree health care.
The guide also deals with some issues related to another standard, Statement No. 74, Financial Reporting for Post-employment Benefit Plans Other Than Pension Plans. The free downloadable guide is available through
Kreston Global, an international accounting network based in London, has created a new Global Legal Group, uniting legal professionals from across the network, operating in coordination with the network's Global Tax Group.
A group of bipartisan bills moved through the House this week that would make changes in IRS administration, customer service, taxpayer privacy, tax return processing, as well as disaster relief and tax breaks.
AI financial services platform Black Ore announced the general availability of its Tax Autopilot solution, touted as being capable of executing even complex workflows with little to no need for human intervention.
The deal, expected to close later this year, will expand Grant Thornton's presence in the Asia Pacific region.
The International Public Sector Accounting Standards Board hopes to improve how financial information is presented in public sector financial statements.
The legislation would enable taxpayers to use a secure IRS website to download a tax form automatically populated with information the IRS already collects.
