04/26/2024
For financial reporting and accounting, is using generative AI worth the risk?
As organizations delve into this transformative technology, it’s important to consider all potential impacts and ensure that it’s used responsibly and effectively.
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04/26/2024
Bojangles sues its largest franchise group, accounting firm over use of proprietary information
The chicken chain claims its proprietary and confidential information has been wrongfully shared by its largest franchisee organization and an accounting firm.
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04/26/2024
FASB Private Company Council Meeting Recap
The Private Company Council (PCC) met on Thursday, April 18, 2024. This is a summary of topics discussed by PCC and FASB members at the meeting.
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04/26/2024
IRS Direct File free tax pilot enticed 140K taxpayers
The Internal Revenue Service's Direct File free tax filing pilot program officially closed Friday and reported that 140,803 taxpayers used it in the 12 states where it was available.
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04/26/2024
KPMG’s Mystery Inspection Flaw Tied to Auditing Income Taxes
The US accounting oversight board issued a complete version of KPMG LLP’s 2022 inspections review on Friday that detailed an extra audit with a single deficiency tied to income tax accounting.
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04/26/2024
NASA-Led Study Provides New Global Accounting of Earth’s Rivers
The novel approach to estimating river water storage and discharge also identifies regions marked by ‘fingerprints’ of intense water use.
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04/26/2024
Accounting Today news quiz: April 26
Test your knowledge of the biggest accounting headlines of the week. No. 2 pencil not required!
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04/26/2024
Former Accounting Director Pleads Guilty to Stealing $430,000 From Nonprofit
Katherine Lu Acquista stole from the San Diego Regional Economic Development Corporation over a five-year period, from 2017 to 2022.
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04/26/2024
Warren resident Joseph Damiano named to the Forbes' "America's Top 200 Accountants" list
WARREN TWP. - Forbes magazine has named Warren resident Joseph Damiano, CEO and Managing Partner of SAX LLP, to its inaugural list of "America's Top 200 Accountants."
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04/26/2024
Marathon Digital Holdings Engages TaxBit To Support Crypto Accounting Needs
/PRNewswire/ -- TaxBit, an industry-leading provider of crypto accounting and tax compliance solutions, has been selected by Marathon Digital Holdings, one of...
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04/26/2024
Tech news: AuditBoard announces AuditBoard AI now generally available
AuditBoard announces AuditBoard AI now generally available; Earmark launches web app; and other accounting technology news.
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04/26/2024
Tax & Accounting Update
Tax & Accounting Update is provided by Thomson Reuters and based on material published on Checkpoint, its online news and research platform. The
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04/26/2024
On the move: KSM names new leaders
Plus, the Kansas Society of CPAs gives out scholarships; the Accounting MOVE Project announces a mini summit; and more.
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04/26/2024
7 ways to drive innovation in your firm
While the term "innovation" isn't necessarily associated with most CPA firms, this perception can easily be changed with the right strategic moves.
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04/26/2024
Boyer & Ritter recognized among the Mid-Atlantic’s top accounting firms for an 8th straight year - PA Business Central | Marcellus Business Central
Accounting Today Magazine recognized Boyer & Ritter as one of the top Mid-Atlantic accounting firms for the eighth consecutive year -- one of only nine Pennsylvania firms to make the list. Accounting Today, the premier publication of the certified public accounting industry, looks at New Jersey, New York, and Pennsylvania for its Mid-Atlantic list.
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04/26/2024
Marathon Digital Holdings Engages TaxBit To Support Crypto Accounting Needs
One of the largest publicly traded Bitcoin miners chooses TaxBit for cutting-edge crypto accounting...
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04/26/2024
Financial accounting of net-zero commitments? Not yet, IASB says
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04/26/2024
Four Plead Not Guilty to Patisserie Valerie Accounting Fraud
Four people charged with fraud over the Patisserie Valerie accounting scandal that brought down the 90-year-old high-street bakery chain pleaded not guilty.
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04/26/2024
Four Plead Not Guilty to Patisserie Valerie Accounting Fraud
Four people charged with fraud over the Patisserie Valerie accounting scandal that brought down the 90-year-old high-street bakery chain pleaded not guilty.
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04/26/2024
Four Plead Not Guilty to Patisserie Valerie Accounting Fraud
Four people charged with fraud over the Patisserie Valerie accounting scandal that brought down the 90-year-old high-street bakery chain pleaded not guilty.
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04/26/2024
Marathon Digital Holdings Engages TaxBit To Support Crypto Accounting Needs
Marathon Digital Holdings Engages TaxBit To Support Crypto Accounting Needs
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04/26/2024
Former Accountant at Viking Pavers Arrested for $800,000 Embezzlement
An accountant who formerly worked for Viking Pavers Inc. remains in custody at the West County Detention Facility.
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04/26/2024
Northern Trust upgrades cloud-based insurance accounting and analytics application
The updated interface allows for automation, and streamlines insurance accounting and reporting processes
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04/26/2024
Stegelin: Accounting error
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04/26/2024
Big improvement seen in senior center accounting
An accountant says Berrien County’s seven senior centers have made great strides in improving their accounting practices in the past nine years. CPA Linda Elie reported to the Berrien County Board of Commissioners Thursday she’s been working
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