Audit & Accounting

The Internal Revenue Service is proposing procedures for how a taxpayer can ask for automatic consent to change an accounting method in preparation for the Financial Accounting Standards Board’s new revenue recognition standard.

Eighty percent of CFOs at U.S. companies have not yet begun the transition to the upcoming leasing standard, according to a new survey.

The British grocery company agrees to a 214 million pound penalty to resolve regulatory probes.

Tax practices are looking for ways to keep employees engaged during busy season.

The proposed changes to the Tax Code could have major ramifications for S corps, C corps and LLCs.

The new revenue recognition standard is going to force many companies to make new disclosures, but they shouldn’t wait until the last minute to get ready, warns a recent report.

The maker of Sarbanes-Oxley compliance software is on a mission to get rid of spreadsheets.

The firm’s clients will have access to the platform, as well as implementation help and training.

Accounting firms can learn a lot from how PwC handled the Oscars

What you know isn’t as important as who you know – your clients