Audit & Accounting

More than ever, your firm's future depends on how well you manage the change that is coming

A late start to tax season leaves tax prep -- and planning -- in limbo

A new study has examined how buyers and clients go about selecting a professional services firm, including accounting and financial services firms.

The Private Company Council that will help set accounting standards for privately held businesses has decided to tackle three main projects for its agenda.

In the Internal Revenue Service's continuing efforts to close the tax gap by ferreting out overseas income of U.S. citizens and residents, the IRS recently rolled out further guidance on the requirements of the Foreign Account Tax Compliance Act.

Accounting firm mergers and acquisitions from the previous month

What happened to Google Wallet, the much-publicized service that would be changing the way consumers buy and retailers collect money? That's what I was told a few years ago when it was first introduced.

New hardware, software, services and books for accountants

A roundup of financial planning-related stories from the previous month

Partners need to be constantly engaged with the firm's vision. What prevents this is the partners' performance goals, either individually or as a team or department, not aligning with the firm's strategic initiatives.