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Upcoming Events
Daily Briefing
October 15, 2019
Upcoming Events October 15, 2019
Daily Briefing
IFAC sees greater adoption of global accounting standards
By Michael Cohn      2 min read
The International Federation of Accountants issued a report Monday indicating strong support for international accounting and auditing standards, particularly in areas where IFAC member organizations are involved in the process from beginning to end.
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Art of Accounting: The worst job in public accounting
By Edward Mendlowitz      3 min read
A chief accountability officer can improve the functioning of accounting firms.
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Is opportunity zone investing right for your clients?
By Randy Fox      5 min read
Pulling back the curtain in the land of OZ, and other gain deferral strategies to consider.
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AICPA questions goodwill impairment model in letter to FASB
By Michael Cohn      3 min read
The American Institute of CPAs’ Financial Reporting Committee has sent a letter to the Financial Accounting Standards Board questioning the costs and benefits of FASB’s current goodwill impairment model.
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SEC replaces PCAOB board member with White House aide
By Michael Cohn      4 min read
The Securities and Exchange Commission has named Rebekah Goshorn Jurata, a special assistant to the president for financial policy on the White House’s National Economic Council.
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IRS revises Form 1040 schedule to ask about virtual currency
By Michael Cohn      2 min read
The Internal Revenue Service has issued a second early draft version of the new Schedule 1 for next tax season’s Form 1040 to include a question up top about whether a taxpayer has sold, received, exchanged or acquired cryptocurrencies such as Bitcoin or Ethereum.
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Better client meetings: Summary letters are a game changer
By Kyle Walters      5 min read
You and your client both invested your most valuable resource — time — into a meeting. Don’t drop the ball now.
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Firms on the move: UHY opens Long Island office
By Danielle Lee
AICPA announces 36 Leadership Academy grads and grants 25 fellowships to minority students; RKL and Baker Tilly named Best Places to Work in Pennsylvania; and more CPA news.
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People on the move: Andy Armanino named Moore Global chairman
By Danielle Lee
BKD names three office managing partners; LBMC appoints SALT leader; and more personnel news.
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The limited scope of IRS Revenue Ruling 2002-83
By Jorgen Rex Olson      7 min read
Section 1031 exchanges involving related parties present some of the most complex problems in tax law.
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The Best Accounting Firms to Work For
This annual report on the best workplaces in the accounting profession includes benchmarking data, qualitative analysis of what makes a great accounting practice, and profiles of the top firms.
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RESOURCES
WEB SEMINAR
Inside the top QuickBooks apps
With millions of businesses using Intuit’s industry-leading accounting software, accountants want to make sure they’re up to date on the best third-party applications in the QB ecosystem, whether they're using desktop or QB Online.
Learn More
WEB SEMINAR
Finding a QuickBooks alternative →
WEB SEMINAR
The road ahead: How innovation is shaping the future of accounting →
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