The LexisNexis Tax Center platform will now include exclusive content from Ernst & Young's International GAAP Online. Written by the International Financial Reporting Group of Ernst & Young, International GAAP Online includes the full text of every International Financial Reporting Standard and a set of model IFRS financial statements. LexisNexis has also paired with Danielle Rolfes, tax attorney and CPA with Ivins, Phillips & Barker, to present information on FIN 48. "There's a sea change that's less about the mechanics of FIN 48 and more abut rigorous accounting to give investors enhanced insight into companies' overall income tax positions and the consequent ability to scrutinize and compare," said Rolfes. LexisNexis launched its Tax Center last year to help streamline analysis of tax strategies across the broadest array of tax publishers available on a single platform, including LexisNexis, CCH, BNA, Tax Analysts, the ABA Section of Taxation and Matthew Bender.
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Just over half of accountants report being "highly satisfied" with their jobs, according to an ongoing survey — and perhaps just as important, the sources of dissatisfaction in the profession are becoming clearer and clearer.
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Meanwhile, KPMG and Grant Thornton led in terms of new engagements among the largest audit firms.
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Plus, Johnson Lambert launches a new practice; Kaufman Rossin names CIO; and other firm and personnel news from across the profession.
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Plus, Bloomberg Tax Provision gets beefed up ; support for FileCabinet CS to expire in 2027; and other updates.
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The wide-ranging Taxpayer Assistance and Service Act includes a requirement for a new IRS office to educate businesses about child care tax breaks.
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One Range Rover, two Ferraris; quite a JOLT; live-video app; and other highlights of recent tax cases.
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