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The Financial Accounting Standards Board is proposing to modify the effective date of its Current Expected Credit Losses standard for nonpublic companies, giving many private banks and credit unions an extra year to get ready for the new rules.
July 27 -
Walgreens, CVS and AT and T top the list of U.S. companies with the most operating lease liabilities that will need to be added to their balance sheets under the new leasing standard, according to a new report.
July 27 -
The Public Company Accounting Oversight Board will award one $10K scholarship each to 332 colleges and universities across the country.
July 27 -
EY appoints N.Y. managing partner; Draffin & Trucker promotes five; and other recent hires, promotions and personnel news from firms across the country.
July 27 -
Thomson Reuters' Scott Fleszar outlines how to take advantage of new opportunities and challenges in the profession.
July 26 -
A record number of job openings and the strong stock market are boosting Americans' sense of financial well-being -- despite rising interest rates.
July 26 -
Senators Rob Portman, R-Ohio, and Ben Cardin, D-Md., introduced bipartisan legislation Thursday to make the Internal Revenue Service more accountable to taxpayers, as well as revive the IRS’s regulation of tax preparers, as a panel of tax experts testified before their subcommittee about improving tax administration at the IRS.
July 26 -
The U.S. Securities and Exchange Commission has sought details from India’s ICICI Bank Ltd. on its accounting and corporate governance practices, people familiar with the matter said.
July 26 -
$500 gift cards, a barbecue package from Omaha Steaks, summer office parties, and early departures on Friday are among the rewards the firm is handing out.
July 25 -
President Donald Trump’s nominee for chief counsel of the Internal Revenue Service briefly advised the future president’s real estate company on a tax question several years ago.
July 25 -
It’s easy to be outraged about multinational corporations’ shifting of profits to tax havens, but much harder to figure out how to stop them from doing it without hurting the economy. Evidence exists that curbing tax avoidance opportunities makes these firms move actual jobs, not just accounting profits, overseas.
July 25 -
In a case involving how expenses are allocated between corporate domestic and overseas operations, the Ninth Circuit Court of Appeals reversed on Tuesday the Tax Court’s decision in a major win for the Internal Revenue Service against Intel’s subsidiary Altera.
July 24 -
It takes an average of seven years longer for women in accounting and finance to reach executive level than their male counterparts, according to a new report.
July 24 -
Planning for Tax Day 2019; “Miracle on Ice;” filing protection for exempt organizations; and other highlights from our favorite tax bloggers.
July 24
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The acquisition is the second for the cloud hosting company in 12 months.
July 24 -
The Center for Audit Quality has published a guide to the Public Company Accounting Oversight Board’s new audit reporting model and the critical audit matters that auditors will be required to start including in their audit reports next year.
July 24 -
The American Institute of CPAs has sent a set of recommendations to the Internal Revenue Service and the Treasury Department about the impact of last December’s tax code overhaul on accounting method changes for small businesses.
July 24 -
Corporate America, and even Republican leaders, have warned President Donald Trump that his trade war could end up erasing some of the savings reaped from the sharp cut in the corporate tax rate.
July 24 -
Ernst & Young has acquired cryptocurrency technology and patents from Elevated Consciousness, a San Francisco-based startup that focuses on digital currency.
July 23 -
The Internal Revenue Service needs to strengthen its taxpayer authentication efforts to combat identity theft, according to a new report from the Government Accountability Office.
July 23



















