Accounting
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What is Kamala Harris’ Tax Plan for Middle Income Workers?
Schellman Acquires Alabama-Based INSYTE CPAs
Dun & Bradstreet and Lili Team Up to Help Small Businesses Establish Credit
IRIS and AccountsIQ Partner on Cloud-Based Payroll, HR, and Finance Solutions
How to Be More Creative at Work
There’s a misconception that our brains are like computer random access memory, able to pluck the best information on command or, in particular, when needed for generating new ideas.
FASB Proposes Improvements to Not-for-Profit Accounting for Grants and Contributions
The proposed ASU helps organizations decide if transactions should be accounted for as a contribution or an exchange. Organizations would accomplish this by using clarifying guidance to evaluate whether a resource provider is receiving value in ...
Three Characteristics of Higher-Quality Single Audits
The single audit is a rigorous, organization-wide financial and compliance audit of an entity that expends $750,000 or more of federal assistance (e.g., awards, grants, loans and loan guarantees).
Accounting and Tax Firms Top List of Most Profitable Industries
This year, accounting-related services (accounting, tax preparation, bookkeeping and payroll service companies) are the highest ranking, with net profits amounting to 18.4 percent of sales, on average for the 12 months ended June 30th, 2017.
Research Reveals Predictive and Prescriptive Analytics Best Practices
New research shows how companies can best incorporate advanced analytics into their business planning process. When integrated with traditional legacy data trends and analysis, predictive and prescriptive analytics enable holistic business plans ...
ICPAS Member Joshua Lance Selected for 2017 AICPA Leadership Academy
The Illinois CPA Society (ICPAS) has announced that Joshua Lance, CPA, CGMA and ICPAS member, has been selected as one of only 38 nationwide participants in the American Institute of Certified Public Accountants (AICPA) 2017 Leadership Academy.
CFPB Warns Companies Against Tricking Consumers Into Pay-By-Phone Fees
Most financial service companies give consumers several options to make payments. Some consumers may choose to pay bills by phone using an automated system or speaking with a live customer representative. Companies may charge different pay-by-phone ...
CEO Outlook Shows How Innovation Comes of Age
According to KPMG’s 2017 CEO Outlook, 57 percent of U.S.-based CEOs revealed they lack sufficient processes to sense disruption in their respective markets. From startups and new competitors to emerging technologies to shifts in political, regulatory ...