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September 12, 2019

DAILY BRIEFING

Meet the 2019 Best Small Firms to Work For

By Daniel Hood

An introduction to the members of Accounting Today's annual ranking of the top workplaces in the profession.

Audit committees making more disclosures

By Michael Cohn 2 min read

Public companies and their audit committees are revealing far more about their auditing firms, audit fees and audit partners this year, according to a new report from Ernst & Young.

Unclaimed property rules can apply to lost cryptocurrency

By Michael Cohn 7 min read

The deadline is approaching soon for many businesses to file their reports on unclaimed property, and now they might want to include lost bitcoins and forgotten cryptocurrency passwords.

K2 Enterprises recognizes top tech products

By Ranica Arrowsmith 3 min read

K2 Enterprises’ annual Quality Awards are given to accounting technology products that display innovation.

Problem solvers: How to offer tax resolution services

By Jeff Stimpson 4 min read

Practitioners share how — and why — they help clients handle issues with tax authorities.

Marcum sanctioned by PCAOB for promoting audit clients as investment opportunities

By Michael Cohn 2 min read

Marcum and Marcum Bernstein & Pinchuk plugged some of their clients at investor conferences in violation of auditor independence requirements.

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Digital transformation: How technology can improve company oversight and efficiency

By Catherine Dahl 4 min read

Traditional oversight measures often lack the capability to supervise large quantities of assets.

IRS is ignoring potential corporate tax cheats, watchdog says

By Laura Davison 2 min read

The Internal Revenue Service isn’t doing enough to audit corporate mergers and acquisitions and is wasting tens of thousands of days on cases that aren’t likely to generate more tax dollars.

Trump to revisit capital gains tax cut in White House meeting

By Saleha Mohsin 2 min read

The president is scheduled to meet with economic advisers Wednesday to discuss the possibility of cutting the tax on capital gains by indexing gains to inflation.

AI for everyone, including accountants

By Vinay Pai 4 min read

Every accountant can now benefit from AI in their practice — even those who don’t know the first thing about software engineering, data science or Python code.

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