The American Institute of CPAs approved a standards update to modernize how CPAs get audit evidence via external confirmation procedures.
Category: NYT Accounting News
FASB adds projects on private credit, contractual sale restrictions, taxes
The Financial Accounting Standards Board decided to add several projects to its technical agenda.
Intuit Enterprise Suite upgrade broadens analytics, automation
Intuit announced new features and enhancements for its Intuit Enterprise Suite platform for mid-market businesses with more complex needs.
IRS creates significant issue ruling program
The Internal Revenue Service established a program to allow corporate taxpayers to request rulings on certain issues.
A great employee to work for
Bidding a fond farewell to our longtime managing editor sparks some thoughts on who should be working for who.
IRS outlines terms of settlement in easement disputes
The IRS provided more details about the settlements it’s offering for a limited time in syndicated conservation easement and historic preservation claims.
Cohen & Co. expands in Michigan
The Top 50 Firm will acquire Troy, Michigan-based Gordon Advisors, making the state one of its largest geographic markets.
Why didn’t offshoring work the first time?
Are you sure it was the vendor’s fault? Here are tips for a better outcome the second time around.
In the blogs: Viruses are back!
“Pied-à-terre” tax; warning shot; Section 122 tariffs; and other highlights from our favorite tax bloggers.
$35B in tariff refunds cleared for importers so far
The payments are being processed through a new online government portal and will include interest on duties paid across more than 8 million import entries.