Economy

CalCPA presents Haskell & White with Public Service Award; Nexia International celebrates Nexia Day; and more CPA news.

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.

Cybersecurity is top of mind today for accountants, but accounting professionals have to keep in mind the vulnerability of their clients, and different types of clients face different levels of risk.

Four family members belonging to a Utah polygamist group admitted defrauding the U.S. of $512 million in renewable-fuel tax credits, with the leader saying the mastermind was an Armenian immigrant who owns a small oil and gas empire in Southern California. That businessman now faces trial alone.

LinkedIn added a new feature Tuesday for freelancers and small businesses to market services such as accounting and tax preparation.

The American Institute of CPAs has sent a set of recommendations to the Internal Revenue Service about accounting methods for small-business taxpayers and how to determine whether a taxpayer qualifies as a small business.

The Democratic presidential candidate rolled out a policy blueprint to slash prescription prices when they cost less in other developed countries.

The provider of web-based lease accounting software has acquired an Australian company that has developed online real estate administration software.