Audit & Accounting

Many software companies, including Microsoft, could see significant changes in their revenue patterns with the rollout of the revenue recognition standard that takes effect at the end of the year, according to a new study.

The International Public Sector Accounting Standards Board is mulling new guidance on how the public sector should account for revenue and non-exchange expense transactions, such as the provision of education, health care and defense, in light of the revenue recognition standard.

Jackson Hewitt Tax Service and its franchisees expect to hire more than 25,000 preparers and associates nationwide between now and the end of the year.

Back to school; a possible bitcoin bubble; good uses for reverse audits; and other highlights from our favorite tax bloggers.

A number of IRS services will be unavailable over the holiday.

International Federation of Accountants CEO Fayezul Choudhury is bringing the influence of accountants to the fore to help solve problems around the world.

FASB recently proposed new guidance on nonprofit accounting for contributions and grants; in this podcast, AICPA associate director and nonprofit expert Chris Cole walks us through what it means.

The problems start with retiring partners, and go on from there.

Thomson Reuters has issued PPC’s Guide to Revenue Recognition, a new publication providing guidance to accountants and their clients on the Financial Accounting Standards Board’s new revenue recognition standard.

The American Institute of CPAs has extended the comment period for its proposed standard for ERISA plan audits for another 150 days.