Technology
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FASB Looks to Update Rules on Share-Based Payments
IRS Looks to Improve Communication With Large Corporations During the Appeals Process
IRS Offers Tax Relief to Farmers and Ranchers Hit by Drought in 41 States
CPA Challenge: How Do You Build a Firm Culture?
Digital Automation Priorities for Oil and Gas Accountants
Eliminating manual processes is important so accountants can instead focus on more valuable work that is critical today as a result of oil price volatility. Software that can generate reports or handle other activities performed on a regular basis is ...
IRS Urges Tax Preparers to Use VPNs when Working Remotely
A VPN provides a secure, encrypted tunnel to transmit data between a remote user via the Internet and the company network. As teleworking or working from home continues during the coronavirus, VPNs are critical to ...
Wolters Kluwer Launches CCH Axcess Quick Start for Smaller Firms
Built specifically for firms that employ up to four tax and accounting professionals, this expert solution transforms how small accounting firms operate. It combines the proven cloud-based tax preparation capabilities of CCH Axcess Tax with the ...
AICPA Awards $764,500 in Academic Scholarships to Future Accountants
The program helps students pay for college, easing their journey to becoming CPAs. Funded by the AICPA, the AICPA Foundation, and partners, the Legacy Scholars program consists of six distinct scholarships awarding between $3,000 and $10,000 per student.
Survey Shows Impact of COVID-19 on Finance Pros
To understand how tools and technology are being leveraged throughout the pandemic and the resulting impact, respondents were asked to discuss how technology is helping and what types of solutions have been the most effective.
Do You Have a Clear Vision for Tax Document Automation?
From the August 2020 Issue. In the June 2020 issue, my column Do You Have a Clear Tax Vision? addressed tax software innovations in around a dozen categories. Many of you have just finished the unusual tax season of 2020 with the COVID-19 pandemic extended personal tax deadline of July 15 just behind us. You […]
WireCard Scandal Teaches Auditors That Compliance Doesn’t Mitigate Fraud
The WireCard scandal was a stark reminder that the fundamentals of auditing can easily be overlooked. In order to prevent clients from facing fraud-driven scandals, it’s important that auditors critically assess new risk profiles, and consider how ...
Small Businesses Relying More on Digital Payments
The survey indicated that nearly half of respondents (49%) state they trust banks and credit card providers to handle their financial activity. However, 24% trust the combination of banks and software companies working together, showing an ...