Deloitte Touche Tohmatsu chief executive William G. Parrett has been named chair of the United States Council for International Business, a pro-trade group with 300 company members. Parrett will begin his two-year-term April 15. He becomes the 20th chairman to lead the organization, which lobbies for a pro-America stance on an array of global business and policy issues. "I am excited about the prospect of leading the USCIB on the international stage," said Parrett in a statement. "Like the Deloitte organization, with member firms around the world, the council is truly multinational, with a worldwide network that reaches into all corners of the world."
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Over a million of tax-favored accounts are eligible for a $1,000 contribution by the government.
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Basis announced the appointment of Kenji Kuramoto, founder of Acuity, which last year merged with thirteen other firms to form top 50 firm Sorren after he led it for 20 years, as its managing partner in residence.
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Public Company Accounting Oversight Board chairman Demetrios Logothetis outlined the board's strategic plans for the next five years, and asked for stakeholder input.
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While AI controls are important, organizations should not pursue one-size-fits-all blanket applications, especially when differentiating between matters of governance versus technology.
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In its annual report outlined the progress in the work of the International Accounting Standards Board and the International Sustainability Standards Board in 2025.
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The Internal Revenue Service canceled contracts as part of the federal effort to reduce overall spending — but the effect it will have on taxpayer services is yet to be seen.
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