The cuts include roughly 240 employees in RSM’s consulting businesses, and come as demand for the profession’s consulting services wanes.
Day: September 20, 2024
Special travel per diem rates begin next month
Rev. Proc. 2019-48 lays out the new rates for taxpayers who don’t want to substantiate their actual expenses.
FinCEN releases BOI toolkit for small biz
The Treasury’s Financial Crimes Enforcement Network has created an online toolkit to help small businesses comply with the new beneficial ownership reporting requirements.
IASB proposes amendments on applying equity method
The International Accounting Standards Board has begun a public consultation on proposed amendments to IFRS to account for investments in associates and joint ventures.
Collapse of BF Borgers unleashes flood of new SEC audit clients
The unexpected demise of an audit firm proved to be a boon for many small auditors.
Clarification proposed for CPAs’ financial statement preparation engagements
An AICPA committee approved a proposed revision to Statement on Standards for Accounting and Review Services (SSARS) No. 21 addressing the applicability of the standard when preparing financial statements as a part of consulting services.