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News
SEC Announces Agenda and Panelists for Roundtable on Preparations for 24-Hour Trading
1+ week, 4+ day ago (419+ words) Washington, D.C., from 10 a.m. – 4 p.m. ET. The event will be open to the public and webcast live on...registration is not necessary; a link to watch the event will be available on Sept. 17 at www.sec.gov, and...SEC’s Roundtable on Preparations…...
Alzheimer's Association's Accounting Industry Leadership Council to converge in Central Park
10+ mon, 2+ day ago (215+ words) The Alzheimer's Association Accounting Industry Leadership Council was established in January 2020, shortly before the COVID-19 pandemic spread worldwide. Regardless of these daunting circumstances, the Council moved forward with its mission to unite the accounting profession as one to end ALZ…...
GASB offers guidance on subsequent events reporting
8+ mon, 3+ week ago (368+ words) The Governmental Accounting Standards Board released a new standard to improve the financial reporting for state and local governments on subsequent events that occur after financial statements are issued. Statement No. 105, Subsequent Events, aims to provide more consistent reporting of…...
On the move: ICPAS holds annual CPA Day of Service
11+ mon, 3+ day ago (142+ words) ICPAS holds annual CPA Day of Service; CohnReznick opens new San Francisco office; and more news from across the profession. Having an essentials-only technology footprint doesn't mean you can't leverage it strategically. What kind of solutions exactly are necessary to…...
Combat fraud in business valuations
9+ mon, 3+ week ago (492+ words) Fraud can significantly impact a company's resources and operations, often leading to low morale, management distractions, regulatory actions and, in some cases, bankruptcy. In this context, performing a business valuation is a powerful tool, not only guiding strategic growth and…...
Auditors adopting new tech and methods, but many lag behind
9+ mon, 23+ hour ago (464+ words) A significant proportion of firms have yet to implement new audit technologies and methods, citing poor training, lack of quality data, lack of systems access and lack of funds as the primary reasons. This is according to CPA.com's annual…...
Chicago hit by record property tax hike as office values fall
9+ mon, 3+ week ago (503+ words) Chicago homeowners are getting hit with a record property tax hike after the city's downtown office buildings and other commercial real estate values fell again. "When the Loop gets a cold, the rest of the city gets pneumonia," Pappas said…...
April: Meeting tax clients where they are
7+ mon, 3+ day ago (366+ words) "In the world of tax, you want to be right before you go fast," said co-founder and CEO Ben Borodach. "Our vision in life is to embed tax in every financial decision," said Borodach. "In contrast to that direct relationship,…...
Scaling your firm without losing your culture
9+ mon, 1+ week ago (412+ words) Growth is the dream for many accounting firm owners — but it's also the point where culture, service quality and identity are most at risk. As client demands increase, the pressure to hire quickly or expand hastily can cause even the…...
On the move: PICPA hosts its 129th annual meeting
5+ mon, 2+ day ago (111+ words) Plus, the SEC names a new enforcement director, FASAB names a new chair, EY names a new office MP in Dallas, and more. Illicit income; fly like an eagle; subcontractor swindle; and other highlights of recent tax cases. Ideagen Audit…...