Financial institutions are getting ready for the Financial Accounting Standards Board’s new credit loss standard, though some are dragging their heels, even as the effective date approaches.

Why do businesses still make so many payments by paper check, even as technology has made checks nearly obsolete in the consumer world?

The Institute of Internal Auditors is updating its Certified Internal Auditor exam with more content on subjects such as cybersecurity and information technology.

Internal controls, the new lease accounting standard and cybersecurity are just some of the issues keeping financial executives up at night, according to a new survey by KPMG.

The expansion is part of a larger effort from the firm to train professionals and clients on new technology.

The software has been updated to make the tax workflow for small business contractors easier.

The payment automation company will offer exclusive savings, training and support for partners and their clients.

Bloomberg Tax and Paychex have updated their technology to take into account the sweeping changes in the Tax Cuts and Jobs Act.

As much as it will change the profession, the new technology offers tremendous opportunities for accountants. according to Ron Quaranta and Erik Asgeirsson.

The reporting tool, which started as a Xero add-on, is expanding its reach.

The Internal Revenue Service plans to ask tax professionals additional questions before providing them with assistance as part of its efforts to improve security.

The firm will leverage the software company’s asset management software to create a rounded compliance offering.

The event is free of charge for attendees, and will address subjects ranging from blockchain technology to diversity and inclusion in accounting.

Crooks have already started targeting tax professionals this year.

Audit committees at public companies will have plenty on their agendas this year, according to a pair of new reports from KPMG, including new accounting standards, the new tax law, cyber security and more.

In order to become invaluable to clients, accountants should know how to leverage technology properly to build a unique, differentiated firm.

The offering follows on the heels of the release of the Commerce Edition, Field Services Edition and Manufacturing Edition.

The partnership forms an integrated financial and HR solution.

Eide Bailly LLP, a Top 100 accounting firm, has added Decipher Forensics, a digital forensics and data recovery firm based in American Fork, Utah.

The IRS has recommendations for safely storing, sharing and disposing of taxpayer information.