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
Thomson Reuters Issues Special Report for Financial Audits of School Districts
Thomson Reuters has released a special report on school district auditing to address the unique characteristics of planning and performing audits for public school districts and provides tips to help professionals perform effective and efficient school...
Americans Most Satisfied with Personal Finances Since 2007: Post-Recession High
An increase in job openings and a rise in home equity values coupled with continued reductions in loan delinquencies means that the financial outlook for the average American is the most positive it has been since the third quarter of 2007.
IRS Has Material Weakness in Internal Controls Over Unpaid Tax Assessments
The Internal Revenue Service (IRS) is currently planning activities to address a recurring financial material weakness in its internal control over unpaid tax assessments. However, planning for the Customer Account Data Engine 2 (CADE 2) Transition State 2 (TS2) has not included specific actions and activities necessary to guide new system development efforts and to […]
77 Percent of Americans Anxious about Online Security of Financial Information
Americans worried about security of financial information, email hacking, home robberies - not so much about having naked pictures posted online.
Small Businesses Can Get IRS Penalty Relief for Unfiled Retirement Plan Returns
The Internal Revenue Service is encouraging eligible small businesses that did not file certain retirement plan returns to take advantage of a low-cost penalty relief program enabling them to quickly come back into compliance.
Fundbox Cash Flow System Launches New Mobile Dashboard
Fundbox, a mobile cash flow optimization platform for small businesses, has launched a redesigned, mobile-optimized dashboard. The new dashboard offers additional functionality, an improved user interface, and the convenience of one-click invoice ...
The ABCs of Higher Education Tax Breaks
One of the groups working on tax reform for the Senate Finance Committee (SFC) has just recommended that the two higher education credits and the tuition deduction be combined into a single credit. But significant tax reform is still in its infancy.
Audit Committee Members Say New Technologies Provide Vital Benefits
More than 75 percent of audit committee members and financial statement preparers surveyed believe there are significant benefits to auditors utilizing advanced technologies.