Organization Root Tag

Many companies are at risk of falling behind schedule on implementing the revenue recognition standard, according to a new survey by Ernst & Young, and CFOs and CIOs are not in agreement on the reason why.

A federal district court has ruled in favor of tax preparers who filed a class-action lawsuit against the Internal Revenue Service over its right to charge fees for Preparer Tax Identification Numbers, and the IRS may need to refund hundreds of millions of dollars in fees collected each year.

A regulatory probe into PricewaterhouseCoopers LLP related to Tesco Plc’s accounting scandal was dropped as the Financial Reporting Council said there was little chance of an adverse finding in the case.

Economic optimism among business executives who are also CPAs cooled down slightly in the second quarter of the year.

The Public Company Accounting Oversight Board has issued a pair of new proposals: to strengthen its requirements for an auditor’s use of the work of specialists, and for auditing accounting estimates such as fair value measurements.

Sage appoints company veteran to EVP of partners, accountants and alliances; Cherry Bekaert promotes partner to MP; and other recent hires, promotions and personnel news from firms across the country.

Bennett Thrasher hikes the Appalachian Trail; Clark Schaefer Hackett rebrands; and more news from CPA offices across the country.

Beginning June 15, taxpayers requesting letter rulings, closing agreements and certain other rulings from the IRS will need to make user fee payments electronically using the federal government’s Pay.gov system.

The new model includes discussion of 'critical audit matters,' the length of the auditor's tenure, and new standardized language and formatting.

The Institute and their Assurance Research Advisory Group (ARAG) will provide up to $15K of funding to winners.

$4.5 billion in unpaid tax, penalties and interest due lurks in the Automated Non-Master File.

The Spring Statistics of Income Bulletin shows increases in income and tax returns filed.

The Center for Audit Quality's program has now funded over $600K in projects.

The Big Four firm has added a new corporate asset recovery service offering to its Abandoned and Unclaimed Property practice.

Google’s helping with hiring; Microsoft’s getting rid of passwords; and eight more developments that matter to your firm and your clients.

Companies should begin to plan now how to incorporate the new standards and update procedures for the Financial Accounting Standards Board’s accounting updates on two significant topics: revenue recognition and lease accounting.

Reasons to focus on complicated returns; 529 Day; in memory and in thanks; other highlights from our favorite tax bloggers.

The Top 6 firm's two weeks of fundraising will go towards ending child poverty.

Job growth at small businesses dipped in May for the third month in a row, but hourly earnings rose 2.87 percent ($0.72) to an average of $25.76 compared to a year ago, according to payroll giant Paychex.

Thomson Reuters has introduced Checkpoint Marketing for Firms Emerging Tax and Regulation Alerts to allow accounting firms to keep clients informed about new and proposed tax legislation and regulatory changes.