Audit & Accounting

The Internal Revenue Service has issued a revenue procedure giving some partnerships extra time to file a Form 1065 and the accompanying Schedule K-1.

By the end of this year, as much as $3 trillion in lease liabilities will have landed on the balance sheets of our nation’s public companies.

With the spring tax deadline behind us and the fall deadlines looming, now is a good time to work on the firm.

Despite the many factors beyond a company’s control when going public, management can take steps to prepare for a pricing window and successfully time an IPO.

Playing it safe is too risky in today’s complicated world.

Despite unprecedented advances in workplace technology, many accounting and finance professionals continue to struggle with highly manual and inefficient month-end close processes.

The creation of a Practitioner Services Division would make a big difference.

With the stock market at record highs, more companies are considering going public, but they need to make sure their accounting is in order before they file.

The Global Reporting Initiative has started looking at how the UN's Sustainable Development Goals can influence business reporting and the adoption of new business models.

Even as the profession as a whole is changing, Grant Thornton national managing partner of tax services Jamie Fowler shares how tax professionals need to prepare themselves to thrive in a new environment.