Accounting
Latest News
78% of Employees Would Take a New Job for Better Benefits
IRS Processing More Employee Retention Credit Claims—But With Added Scrutiny
Survey of Main Street Accountants Signals Turbulence for Small Businesses
Internal Audit as a Critical Component of ESG Strategy
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Business Optimism about U.S. Economy Hits Three-Year High, AICPA Survey Finds
Seventy percent of business executives expressed optimism about the U.S. economy over the next 12 months, up from 47 percent last quarter, as government relief funds, vaccine rollouts and relaxed workplace restrictions have improved business conditions.
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Deloitte’s MADE Commits $75 Million to Fuel Greater Racial and Ethnic Diversity in Tax and Accounting
Deloitte has announced the establishment of Making Accounting Diverse and Equitable (MADE), a commitment to generate more advisory, auditing, and tax career opportunities and leadership pathways for the next generation of certified public accountants (CPAs). MADE represents a bold vision for the accounting profession, both in terms of increasing racial and ethnic diversity, and helping […]
Sovos Launches New Advanced Periodic Reporting Cloud Platform
Global tax software provider Sovos has announced the availability of Sovos Advanced Periodic Reporting platform. The new platform brings hundreds of customers onto next generation architecture designed for performance, scalability, enhanced functionality and expanded global coverage. Building on over a decade of SaaS-based indirect tax automation, the solution automates, centralizes and streamlines indirect tax compliance […]
Illinois CPA Society Announces 2021 Scholarship Recipients
The Illinois CPA Society (ICPAS) has awarded $104,500 in scholarships through the CPA Endowment Fund of Illinois to 55 accounting students as part of its annual Accounting Scholarship Program, which supports accounting students at ...
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Bill.com Acquires Divvy
Bill.com, a provider of cloud-based software that simplifies, digitizes, and automates complex back-office financial operations for small and midsize businesses (SMBs), announced today it has completed its acquisition of Divvy, a leader in spend ...
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Providing Clarity Around SEC Statement On SPAC Warrant Accounting
Find out why the recent guidance from the SEC on how SPAC warrants are classified requires careful consideration of the specific facts and circumstances for each entity and each contract.
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AICPA News: June 2021
AICPA News is a round-up of recent announcements from the American Institute of Certified Public Accountants. A Quarter of American Taxpayers Don’t Have a Financial Plan For some people, submitting their tax return to the IRS is a relief as they put the paperwork out of sight, and out of mind, until next year. Others […]
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Strenghthen Your Client Relationships with Financial Planning
Marriage, divorce, remarriage, having children, or planning for retirement. All of these events can directly impact your client’s tax returns, so why not take tax preparation a step further by offering your clients a way to better plan for these events? It’s likely that you’re already doing some of the work of a personal financial […]