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July 28, 2021

Prepared for Voornaam

PwC wins ruling against auditor whistleblower who sued over termination

By Michael Cohn       4 min read

A federal judge in San Francisco ruled in favor of PricewaterhouseCoopers in a case involving a former employee who sued PwC for firing him after he complained about conflicts of interest among audit clients. View story →

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Please share your workplace insights and experiences when it comes to DEI in our short survey. As a thank you, we'll be making a donation to the ASPCA to help animals in need. Take the survey →

Accounting Today

Editorial Team

Interest in opportunity zones peaks as higher rates loom

By Roger Russell       3 min read

OZ funds can make a good investment better, but they can’t make a bad investment a good one. View story →

RELATED

A vintage Ferrari? Rich investors use ‘The Bank of Me’ to splurge without paying capital gains tax →

Securities-based lending is up sharply as wealthy investors leverage gains in their stock portfolios into low-interest loans for pricey purchases.

Accounting firms warn clients about ransomware attacks

By Michael Cohn       9 min read

CPA firms are becoming increasingly concerned about clients who have lax cybersecurity in place. View story →

Hey Coach CPA!

By Kyle Walters       4 min read

Instead of being just a CPA, be the coach your clients and team need to succeed. View story →

Small businesses face bookkeeping challenges, overdue invoices during pandemic

By Michael Cohn       5 min read

Small business owners have been coping with unpaid invoices and inadequate accounting during the pandemic and needed to cover expenses by selling family heirlooms and other valuables. View story →

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In the blogs: Captain’s backlog

By Jeff Stimpson       4 min read

CTC scams already; inequitable ACA; pandemic’s effects on states remain unclear; and other highlights from our favorite tax bloggers. View story →

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IRS offers extra guidance on COBRA coverage aid under American Rescue Plan

By Michael Cohn       2 min read

The Internal Revenue Service is providing guidance on a provision of the American Rescue Plan Act that provides temporary assistance with COBRA premiums to people who have lost their jobs. View story →

IRS plans improved security for information returns

By Michael Cohn       2 min read

The service is beefing up the security requirements for tax pros using its system for electronically filing information returns. View story →

IASB proposes to ease disclosure requirements for subsidiaries

By Michael Cohn       2 min read

The International Accounting Standards Board proposed to reduce the disclosure requirements for eligible subsidiaries under International Financial Reporting Standards. View story →

IRS proposes new rules for e-filing information returns

By Michael Cohn       3 min read

The Internal Revenue Service proposed regulations lowering the threshold so more employers will need to electronically file information returns such as W-2 and 1099 forms instead of filing them on paper. View story →

Motivation and innovation: Intuit's Misherghi shares insights on the future

By Ranica Arrowsmith       3 min read

Misherghi has become an indispensable partner to accountants during her time at Intuit. She shares some insights on what makes her tick.  Read story →

Art of Accounting: Some clients I dropped

By Edward Mendlowitz       6 min read

Dropping clients is reducing cash inflow without an offsetting reduction in costs. Read story →

Tech entrepreneur's legal woes barely dent loyalists’ $1.7B fortune

By Amy Thomson and Jonathan Browning       5 min read

Even as Mike Lynch faces potential extradition to the U.S. on fraud charges, those who have stayed loyal to him are reaping the rewards. Read story →

Bitcoin’s corporate diehards face earnings reckoning after slump

By Jeran Wittenstein       3 min read

Tesla, MicroStrategy and Square will have to reckon with their digital holdings in earnings reports.  Read story →

Accounting Today names 2021 Best Firms to Work For

By Daniel Hood       2 min read

The annual list recognizes the 100 top workplaces in the profession. Read story →

RESOURCES

WEB SEMINAR

ASC 842 and GASB 87 leasing compliance: 6 steps to prepare

Thursday, July 29, 2021 2:00 PM EDT

Compliance with the lease accounting standards applies to every organization subject to the rules of the Financial Accounting Standards Board (FASB) and Governmental Accounting Standards Board (GASB), regardless of size.  Learn More →

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REPORT

Pandemic performance: Discover 10 industries seeking stability

Rapid industry changes can lead to increased need for advisory services. These 10 industries stand out in the crowd. Learn More →

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WEB SEMINAR

Countdown to Lease Accounting Compliance: Top five lessons learned from FASB and GASB implementations

Thursday, September 9, 2021 2:00 PM EDT

As organizations get ready to make their overall leasing process more efficient and cost-effective, learning from other organizations that are using lease accounting automation to achieve and maintain compliance is crucial to their own success. Learn More →

SPONSOR CONTENT FROM EZLEASE

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