Special Report

The audit of the future

Technology is finally coming to the last of the core trio of traditional accounting services, and it looks set to completely revolutionize how auditors work and the services they offer.
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Audits

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Tax debts

IRS expands in-person tax compliance visits

The Internal Revenue Service is expanding its efforts to ensure businesses and individuals are paying their taxes, particularly payroll taxes, with in-person visits planned by revenue officers to more parts of the country, starting recently in Wisconsin and later this month Texas and Arkansas.

By Michael Cohn

November 15
Accounting standards

FASB makes deferral official for leases, CECL, hedging and insurance standards

The Financial Accounting Standards Board officially delayed the effective dates of its accounting standards for leases, credit losses, hedging and long-duration insurance contracts by issuing a pair of accounting standards updates.

By Michael Cohn

November 15
Corporate philanthropy

Firms on the move: Marks Paneth raises $20K for Leukemia & Lymphoma Society in honor of late partner

AFWA celebrates Member of the Year and President’s Award winner at Women Who Count luncheon; KSCPA announces new board and executive committee members; and more CPA news.

By Danielle Lee

November 15