Accounting
Latest News
AICPA Has Grave Concerns with BOI Reporting Requirement Timeline
Survey Shows Half of Organizations Are Lagging in Tax and Finance Automation
Thomson Reuters Expands Partnership with Oracle with Turnkey Embedded E-Invoicing Capabilities
Payhawk Adds Integration with Mastercard Transaction Notifications for Spend Management
New Laws and IRS Rules Make Year-End W-2 and 1099 Reporting More Challenging
With more businesses utilizing contractors to perform services traditionally relegated to employees, the need for sound 1099 processing and reporting is more important than ever before. There are numerous types of 1099 forms processed and filed ...
New Content Helps Accounting Pros with Changes to Financial Reporting Requirements
The FASB has a project underway to improve accounting rules for financial instruments and is expected to issue a final standard in late 2015 to make targeted improvements to existing Generally Accepted Accounting Principles (GAAP).
Financial Audit Fees Rose 3.4 Percent In Last Year
Fees paid by public and private companies to outside financial auditing firms increased from 3 to 3.4 percent over the last year, according to a report from the Financial Executives Research Foundation.
New Mobile App Helps SMBs with CRM and Client Engagement
vCita Mobile is an integrated, customizable client engagement and CRM app that enables small business to access information, perform critical client facing tasks, and quickly serve customers 24x7, while saving resources on routine tasks such as ...
CFPB Examines Loan Servicing Failures as Student Loan Debt Hits $1.2 Trillion
The Consumer Financial Protection Bureau (CFPB) has released a report outlining widespread servicing failures reported by both federal and private student loan borrowers. Consumers describe companies using a wide range of sloppy, patchwork practices that can create obstacles to repayment, raise costs, cause distress, and contribute to driving struggling borrowers to default. The Bureau has […]
CPA.com Partnership Offers Lending Platform for CPA Firms and Clients
Biz2Credit will become part of CPA.com’s Partner Solutions, a lineup of best-in-class services that CPA firms can offer clients seeking business efficiency, flexibility and better financial insight into their operations. For CPAs, these services can ...
25% of Global Companies Say They Won’t Meet BEPS Deadline
Finance ministers for the G20 countries called on the OECD to develop the BEPS Action Plan to help nations align their corporate tax policies. This week, the OECD will present the plan to the G20 finance ministers in Lima, Peru.
Grant Thornton Sees $1.45 Billion Record Revenue in 2015
Organic growth for Grant Thornton was strong across all businesses. All of the firm’s industry groups also grew in fiscal year 2015, with Consumer & Industrial Products (CIP), Energy and Financial Services seeing double-digit gains.