Accounting
FASB Tackles Plans to Update Software Cost Accounting Guidance
The updated rules would enhance the transparency of an entity's cash flows related to internal-use software costs, the FASB says.
Jason Bramwell
Jason Bramwell is senior staff writer for CPA Practice Advisor. He has nearly 25 years of professional writing experience, the last nine covering the accounting profession. He most recently was a staff writer and editor at Going Concern, and he previously spent five years as a staff writer and editor at AccountingWEB. He can be reached by email at jbramwell@cpapracticeadvisor.com.
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Firm Management
PwC's Global Revenue Tops Out at $55.4 Billion in 2024
PwC's 4.3% revenue growth is larger than the 3.8% and 3.6% year-over-year growth shown by EY and Deloitte, respectively, this year.
Taxes
New IRS LB&I Pass-Through Unit Hits the Ground Running
The new work group, which was formed last fall, has officially started work to more efficiently conduct audits of pass-throughs.
Firm Management
EY Adds Technology Consulting Firm Dignari
The woman-owned firm specializes in digital identity and access management solutions primarily for U.S. government clients.
Firm Management
RBSK Partners Acquires Hash CPA Group in Indiana
The move expands Greensburg, IN-based RBSK Partners' client base and strengthens its position as a trusted advisor in the market.
Accounting
UHY Unveils First Rebrand in 20 Years
The global network's new brand identity includes a green color scheme and logo, as well as the new tagline "Connect to possibility."
Firm Management
Grant Thornton US Strikes a Deal With ... Grant Thornton in Ireland
Grant Thornton's tax and advisory business, Grant Thornton Advisors, is merging with its counterparts at Grant Thornton Ireland.
PCAOB
PCAOB Chair Sworn in For Second Term
Erica Williams' new five-year term as chair of the PCAOB officially began on Oct. 25 and lasts through Oct. 24, 2029.
Firm Management
Cohen & Co. Gets Private Equity Backing
The top 50 accounting firm said on Oct. 25 that it has received a strategic growth investment from Lovell Minnick Partners.
Small Business
SMBs Face Staffing Challenges Due to Unstable Economy, CBIZ Says
The majority of SMBs are evaluating staff levels, with many unable to fully utilize their workforce amid the looming presidential election.
Auditing
PCAOB Provides Three Resources For Auditors On the New Quality Control Rules
The resources include a practice aid, comparison document, and a webinar related to the implementation of QC 1000.
Accounting
Accountants Are Feeling More Glum About the Global Economy, Survey Says
Confidence improved in North America over the last quarter, but uncertainty is extremely elevated amid the upcoming U.S. election.