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Gale Crosley has five questions you should ask before a firm merger
November 1 -
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More and more companies are coming under scrutiny from tax authorities
November 1 -
Will implementation of the Affordable Care Act be a permanent burden on the Internal Revenue Service, an organization already strapped for cash? And how will it affect preparers and taxpayers?
November 1 -
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Accountants counsel clients on Obamacare exchanges
November 1 -
There's never been such a wealth of tax and accounting information available -- you just need to figure out how to access it
November 1 -
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FASB's proposed lease accounting rules really do try to get more useful information about assets and liabilities into financial statements. However, we don't think it's strong enough, because it doesn't cleanly address the No. 1 priority issue that asks whether off-balance-sheet financing has any legitimacy in financial reporting.
November 1 -
The Financial Accounting Standards Board and the International Accounting Standards Board are revealing further details about their long-stalled plans for creating a Disclosure Framework to help accountants decide on which notes to include with financial statements.
November 1 -
Allen M. Abrams, co-founder of the Chicago-based accounting firm Ostrow Reisin Berk & Abrams, Ltd., has died after a brief illness at the age of 81, on Oct. 27, 2013, his firm announced.
October 31 -
Russell Golden, the recently appointed chairman of the Financial Accounting Standards Board, discussed the road ahead for FASB after the board marked its 40th anniversary earlier this year as it continues its efforts to reach a consensus with the International Accounting Standards Board on their remaining convergence projects.
October 31 -
After dropping in September, the accounting professions expectations for economic growth rebounded this month, according to the October edition of Accounting Todays monthly Accountants Confidence Index.
October 30 -
PricewaterhouseCoopers and Booz & Co. have signed a conditional agreement to merge, increasing the Big Four firm's presence in the consulting business.
October 30 -
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Congress, not the Internal Revenue Service, is to blame for the recently announced postponement of the beginning of next years tax season, according to the National Association of CPA Practitioners -- and it called on the legislative branch to take quick action to prevent further delays.
October 25 -
The American Institute of CPAs Accounting and Review Services Committee has issued an exposure draft proposing three new and revised standards that would make significant changes in how accountants perform compilation engagements.
October 24 -
The American Institute of CPAs has faced a hectic year dealing with problems like the last-minute fiscal cliff deal that delayed tax season, along with the after-effects of Superstorm Sandy and the impact of changes at the Internal Revenue Service that made life difficult for many tax practitioners.
October 22