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Category: NYT Accounting News
In the blogs: Robust discussions
Extension battle goes on; flipping out; correcting clients’ misinformation; and other highlights from our favorite tax bloggers.
Arthur Andersen ex-partners seek to raise $176M in IPO
Andersen Group, the U.S. arm of the firm that succeeded the shuttered accounting giant Arthur Andersen, is seeking an initial public offering.
PCAOB warns auditors about AI and PE
Public Company Accounting Oversight Board officials are sounding a cautious note about the spread of artificial intelligence and private equity at audit firms.
Why AR is an undervalued strategic asset
Leading companies are reframing accounts receivable as a strategic driver of customer loyalty and capital performance.
Prosperity Partners expands to New York
The Chicago-based firm has acquired New York- based accounting firm Farkouh, Furman & Faccio.
SEC aims to renew global coordination of accounting, auditing standards
The Securities and Exchange Commission is planning to encourage greater cooperation between U.S. and international standard-setters.
Vertex and CPA.com bring AI to sales tax
In collaboration with Kintsugi, Vertex and CPA.com are giving accountants an AI solution for sales tax compliance.
Tax breaks ‘more certain than future returns’ for 529 plans, Morningstar says
Morningstar’s study of this growing area of asset management suggests that 529 plan quality is rising, despite the research firm’s lackluster grades for it.
PKF O’Connor Davies acquires Wolf Maryles
PKF O’Connor Davies, a Top 25 Firm based in New York, has added Wolf Maryles & Associates, also headquartered in Manhattan.