Accounting
Latest News
60% of CFOs Say Their Organizations are Ready to Implement and Work With AI, but Only 35% are Using AI in Finance
A Scalable Talent Model Can Be Much More Than a Safety Net for CPA Firms in Need of Skilled Talent
Labor Challenges Persist Among Mostly Confident Business Owners, According to CBIZ Index
How PTO Policies Can Attract Top Talent
PwC Cuts 2% of Workforce in Canada
The Big Four firm employs about 7,000 people in Canada, so the job cut would amount to about 150 people.
KPMG Freezes Pay and Cuts Bonuses in the U.K.
Raises would be prioritized for staff who have been promoted, and employees will receive a smaller bonus than in previous years.
H&CO Acquires Orlando CPA Firm Grennan Fender
The top 200 accounting firm says adding Grennan Fender will strengthen the advisory services it provides to clients.
Xero Partners with Avalara to Add Automated Sales Tax Calculations
The solution brings advanced sales tax workflows and management directly into the Xero platform, allowing advisors and business owners to automate sales tax calculations, reporting and filing.
FASB Issues New Rules on Segment Reporting
The guidance will provide investors with additional useful information about a public company's segment expenses, the FASB says.
Republicans Protest Biden’s IRS Threshold Requirement for Online Purchases
The IRS said last week it is once again delaying implementation of the new $600 1099-K threshold for tax year 2023.
Trump Org Controller Weeps at NYC Fraud Trial
Jeffrey McConney fell to pieces testifying about the dramatic end to his storied career working for Donald Trump.
Accountant Pleads Guilty to Stealing More Than $715,000 From Dermatology Clinic
Carol Casilla, 26, of Spokane, WA, faces up to 20 years in prison for the one count of wire fraud. She will be sentenced in February.