Auditing
Latest News
IRS Will Phase in $600 Form 1099-K Reporting Threshold in 2026
Review of HubSync – The Accounting Technology Lab Podcast – Nov. 2024
FASB Issues Standard on Induced Conversions of Convertible Debt Instruments
IRS Announces National Tax Security Awareness Week Starts on Dec. 2
Completing the Accounting for the Impact of TCJA
While 2017’s Tax Cuts and Job Act (Act) passed Congress on December 22, 2017, many entities are continuing to assess the Act’s impact on their income taxes not only on a going forward basis but also on the deferred tax amounts which they had recorded at that date. Recently issued and forthcoming Internal Revenue Service […]
Deloitte Wins 2018 ‘Audit Innovation of the Year’ Award
Cortex is a cloud-based data platform that harnesses the power of data by securely and seamlessly integrating data acquisition with data preparation and analytics. Combining advanced technology with business processes, Cortex can generate meaningful ...
5 Steps to Compliance with New Lease Accounting Standards
The compliance countdown is on for ASC 842. The new lease accounting standard published by the Financial Accounting Standards Board in 2016 will require companies to report most operating leases on their balance sheets starting in 2019.
Long Island CPA Recognized for Service to Nonprofit Organizations
The Urbach Award is named in honor of the late Michael H. Urbach, CPA, who was a partner at Urbach, Kahn & Werlin Advisors Inc. (now called UHY Advisors); a former commissioner of the New York State Department of Taxation and Finance; and former ...
5 Steps to ASC 842 Compliance – New Lease Accounting Standards Pose Challenge
The compliance countdown is on for ASC 842. The new lease accounting standard published by the Financial Accounting Standards Board in 2016 will require companies to report most operating leases on their balance sheets starting in 2019.
Special Report Provides Guidance on the New Accounting Model for Leases
Thomson Reuters has released a special report addressing the FASB’s new guidance on leases. The report, An Overview of the New Accounting Model for Leases, provides insights on the complexities related to this topic to make analyzing and planning for ...
Four CPAs honored as Maryland’s ‘Women to Watch’ for 2018
Launched in 2014 by the American Institute of CPAs, the awards highlight the accomplishments and contributions of women in the CPA profession and demonstrate to emerging female leaders that success is not out of reach.
Public Company Auditors Earn Solid Confidence Ratings from U.S. Investors
Eighty-one percent of American investors say they have confidence that public company auditors are effective in their investor protection roles, according to the Center for Audit Quality’s 2018 Main Street Investor Survey. The annual survey polls ...