The board voted Wednesday to give private companies and not-for-profit organizations an extra year to comply with the revenue recognition and leases standards. | | | Pandemic strategies for firm leaders | | Join Accounting Today for a roundtable webinar with Gary Boomer, Allan Koltin and Gary Shamis discussing how accounting firms can survive — and even thrive — in the COVID-19 environment. | |
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| IRS increases HSA limits for 2021 → | | By Michael Cohn 2 min read | | The Internal Revenue Service issued its annual inflation adjustment Wednesday for health savings accounts for 2021, at a time when many taxpayers are worried about their health in the midst of the novel coronavirus pandemic. | |
| The accountant's role in recovery → | | By Daniel Hood | | Accountants are looking cautiously at the prospects for reopening the economy, shares Ohio Society of CPAs president and CEO Scott Wiley -- and they have an important part to play in that. | |
| Why CPA firms should leverage RPA during a pandemic → | | By Venkat Sharma 4 min read | | With the world going through a recession, stakeholders and investors of client companies will lean on accounting firms more than ever to maintain trust and confidence in their companies. | |
| PwC sued by Matalan founder over Monaco move tax advice → | | By Ellen Milligan 2 min read | | The founder of U.K. discount retailer Matalan Plc is suing PricewaterhouseCoopers over claims he lost as much as 135 million pounds ($165 million) by relying on advice the accounting firm gave him when he moved to Monaco 20 years ago. | |
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