The Committee of Sponsoring Organizations of the Treadway Commission, also known as COSO, is working with the National Association of Corporate Directors on developing a corporate governance framework.
Category: NYT Accounting News
CBIZ buys tech solutions provider CompuData
The Top 25 Firm has acquired a technology solutions provider in Pennsylvania.
The rise of the billion-dollar firms
Watch the explosion in the number of CPA firms bringing in over $1 billion in revenue that has occurred in the 21st century.
SEC approves watered-down climate disclosure rule
A divided Securities and Exchange Commission approved a new rule to require companies to provide climate-related disclosures, but scaled back the original proposal.
A third of enterprise software projects hit time, cost overruns
A recent report found that while most enterprise software projects are finished on time and on budget, over a third experience overruns in both money and time.
New regs for manufacturing investment, clean energy credits
The IRS has released two new sets of regs and guidance on different credits.
Intuit, H&R Block tax AIs critiqued on accuracy
An analysis by the Washington Post found the generative AI chatbots from both companies can give tragically wrong tax answers.
PCAOB bars Colorado firm from auditing
The Public Company Accounting Oversight Board revoked the registration of Gries & Associates and its founder, while imposing a $65,000 fine for violations that led to multiple financial restatements.
In the blogs: A breather
CTA unconstitutional; AI and your practice; 30 years and counting; and other highlights from our favorite tax bloggers.
Making the write investment
As accountants, we don’t get credit for having correct punctuation and spelling, but missing those things makes you look careless and not focused on the details.