Companies should begin to plan now how to incorporate the new standards and update procedures for the Financial Accounting Standards Board’s accounting updates on two significant topics: revenue recognition and lease accounting.

Thomson Reuters has introduced Checkpoint Marketing for Firms Emerging Tax and Regulation Alerts to allow accounting firms to keep clients informed about new and proposed tax legislation and regulatory changes.

The IRS will conduct its annual Memorial Day systems maintenance beginning Friday, May 26, at 6 p.m. EDT and ending on Tuesday, May 30, at 5 a.m. EDT.

The American Institute of CPAs observed a moment of silence at its Spring Meeting of Council in Washington, D.C., on Tuesday morning following the suicide bombing on Monday night at an Ariana Grande concert in Manchester, England.

House Republicans say they aren’t close to agreeing on a budget blueprint they have to approve before they can move ahead with one of their top priorities: a tax overhaul.

The Big Four firm topped all auditing firms in new engagements.

The valuation profession has gone through many changes since the introduction of fair value measurements in 2001, and the development of a new credential will help unify the valuation profession.

The American Institute of CPAs has sent a list of six tax regulations to Treasury Secretary Steven Mnuchin that it wants the Treasury Department to review under an executive order from President Trump calling for reducing overly burdensome tax regulations.

Senate Majority Leader Mitch McConnell said that any tax overhaul can’t add to the growing U.S. budget deficit, a position that places him at odds with President Donald Trump, who has called for a significant tax cut.

Many companies may be engaging in revenue management, along with earnings management, to meet or beat analyst expectations, particularly in the technology and health care industries, according to a new study.

President Trump has nominated David Kautter, partner-in-charge of the Washington National Tax practice of RSM US, as Assistant Secretary of the Treasury for Tax Policy.

A pair of accounting professors has written a paper proposing a way to communicate accounting complexity.

The Internal Revenue Service recently published an update to Publication 5146, Employment Tax Returns: Examinations and Appeal Rights, explaining the procedures IRS auditors use to conduct employment tax examinations and an employer’s rights and responsibilities during and after the examination process.

With the right tools and process control, most organizations don’t need to outsource their financial planning and analysis.

The patent-pending, cloud-based GRC platform manages five major business governance activities.

Republican senators said it’s unclear whether their chamber will repeal all of the taxes imposed under Obamacare as they set aside the health-care bill passed by the House and prepare to write their own from scratch.

The Governmental Accounting Standards Board released a pair of implementation guides with questions and answers explaining several GASB standards.

Bloomberg BNA and Grant Thornton LLP are combining their expertise to help organizations understand the tax and regulatory changes on the horizon.

Taxpayers were required to file disclosures of so-called “micro-captive transactions” with the Internal Revenue Service by the beginning of this month, and many of them found it wasn’t so easy.

The Republican plan to repeal and replace the Affordable Care Act now heads to the Senate for consideration.