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June 18, 2021

Prepared for Voornaam

Firms slowly return to offices while giving employees flexibility

By Michael Cohn       9 min read

Accounting firms are reopening their doors as the COVID-19 pandemic recedes thanks to wide availability of vaccines in the U.S., but they’re trying to avoid alienating staff. View story →

House passes ESG and tax haven disclosure bill

By Michael Cohn       3 min read

The legislation would require standardized metrics and disclosures of environmental, social and governance measures by companies. View story →

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Race for a global tax revolution faces hurdles in final stretch →

The world’s richest nations have set the stage for a revolution in corporate taxation, but they still have their work cut out to actually achieve that overhaul.

VSCPA awards $59K in 2021-22 college scholarships

By Sean McCabe       2 min read

The Virginia Society of CPAs highlighted 26 undergraduate, graduate, and doctoral accounting students for their academic excellence. View story →

Tax Fraud Blotter: The latest twists

By Jeff Stimpson       5 min read

Just print n’ pay; all hair stylists are alike; risky business; and other highlights of recent tax cases. View story →

SEC stance on SPAC warrant accounting demands closer look

By Matt Smith, Petar Tomov       5 min read

Find out why the recent guidance from the SEC on how SPAC warrants are classified requires careful consideration of the specific facts and circumstances for each entity and each contract. View story →

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Supreme Court dismisses GOP challenge to Affordable Care Act

By Greg Stohr       2 min read

The justices rejected a challenge by Republican-controlled states and the Trump administration to a landmark law that provides health insurance to 20 million people. View story →

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Yellen floats dating capital gains hike to two months ago

By Laura Davison and Christopher Condon       2 min read

The Treasury secretary suggested that if Congress were to pass a capital-gains tax hike effective starting in April 2021, that wouldn’t count as a retroactive increase. View story →

Race for a global tax revolution faces hurdles in final stretch

By Isabel Gottlieb and William Horobin       4 min read

The world’s richest nations have set the stage for a revolution in corporate taxation, but they still have their work cut out to actually achieve that overhaul. View story →

FASB proposes discount rate guidance for nonpublic lessees

By Michael Cohn       3 min read

The board released a proposed ASU with the goal of improving the guidance for lessees that are not public businesses.  View story →

Technology can improve ESG reporting

By Michael Cohn       5 min read

Companies can streamline their environmental, social and governance reporting using technology, according to a recent report.  View story →

BerryDunn promotes first woman CEO

By Sean McCabe       1 min read

The Top 100 Firm, based in Portland, Maine, announced that 29-year firm veteran Sarah Belliveau will serve as the next CEO and managing principal. Read story →

Mauldin & Jenkins merges in CDPA

By Michael Cohn       2 min read

The Top 100 Firm, based in Atlanta, is expanding in Alabama.  Read story →

PwC to add 100K jobs in $12B strategic revamp

By Bella Genga and Roxanne Henderson       2 min read

The Big Four firm is investing in an overhaul targeting better audits, digitization of services and greener operations. Read story →

Shedding light on the murky world of ESG metrics

By Tim Quinson       3 min read

The lack of universal, comparable disclosure makes internal rankings less than reliable. Read story →

How CPA firms can win women back

By Joanne Cleaver       4 min read

When you reopen your accounting firm, will the woman employees come back? Maybe not. Read story →

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Why lease accounting software systems fail: 9 key functional deficiencies driving companies to replace ASC 842 software

Wednesday, July 21, 2021 2:00 PM EDT

Adoption of ASC 842 was challenging enough. No company implemented new lease accounting software expecting to replace it just a couple of years later. But many are doing just that.  Learn More →

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