The Public Company Accounting Oversight Board voted to adopt new requirements to report on various metrics for the firm and its engagements.
Day: November 21, 2024
Private equity isn’t a silver bullet
PE brings a lot to accounting, but it’s not for everyone, say experts at Accounting Today’s PE Summit.
The impact of the ‘racial will gap’ on wealth
A new study shows how the estate planning work of financial advisors carries a direct connection to reducing disparities over time.
TIGTA assesses IRS response to Oct. 7 attack in Israel
The inspector general issued a report on the Internal Revenue Service’s response to the October 2023 attack by Hamas.
Gensler to step down from SEC in January
The SEC chair’s ambitious agenda drew fierce resistance from Wall Street and the crypto industry.
IRS will accept duplicate dependent returns submitted with an IP PIN
Beginning with the 2025 filing season, the IRS will accept Forms 1040, 1040-NR and 1040-SS even if a dependent has already been claimed on a previously filed return if the primary taxpayer on the second return includes a valid identity protection personal identification number.