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Zone & Co Launches ZoneBilling AI Assistant
IRS Extends Tax Deadlines Until May For Helene Victims
Avantax Acquires SEP Financial Services
Sovos Launches Indirect Tax Suite for SAP, Enhances Clean Core Readiness
Nation Needs Tax Reform and IRS Reform, Says Taxpayer Advocate
In assessing the compliance burdens of the current tax code, the Taxpayer Advocate Service (TAS) analyzed IRS data and determined that individuals and businesses spend about six billion hours a year complying with the code’s filing requirements ...
New Accounting Credential for Entity and Intangible Valuations
The AICPA, the American Society of Appraisers (ASA) and RICS (Royal Institution of Chartered Surveyors) are offering a new credential that will enhance the quality, consistency and transparency of fair value measurement results in financial reporting.
New Rule to Require Disclosure of Audit Engagement Partners
A regulation to be implemented January 31 in the U.S. requiring accounting firms to identify the principal engagement partner in corporate audits should be a solid plus for investors and regulators, a new study suggests.
Report Helps Auditors Avoid Common Practice Pitfalls
This report comes on the heels of the release of the latest AICPA peer review findings, which were identified during peer reviews of firms that perform audit and attest engagements. The focus of peer reviews is to assess and improve audit quality and ...
Major Changes Coming for Payment Methods in 2017
Traditional ACH payments are conducted over a wire transfer and take anywhere between one and two working days to clear – a manual, costly and time consuming process unpractical for smaller payments. In 2016 NACHA launched the first phase of Same Day ...
Accounting Leaders Will Meet to Discuss and Shape Future Trends
Hosted by CPA Practice Advisor, the annual event gathers brings these thought leaders together to discuss emerging trends, technologies and workflow practices that will influence the profession, professionals and clients in the years to come.
Risk Management Top Concern for Audit Committees
Overall, audit committees are largely satisfied that their agendas are properly focused on legal and regulatory compliance issues, maintaining internal controls over financial reporting, and key assumptions underlying critical accounting estimates.
Nonprofit Finance and Accounting Trends for 2017
Increase in more part-time, outsourced staff; greater number of for-profit CFOs moving to nonprofits; and clustering of services predicted for nonprofit sector