Audit & Accounting

Innovations in audit: KPMG deploys smart glasses

By Ranica Arrowsmith       3 min read

The Big Four firm was exploring what smart glasses could do before COVID-19. When the pandemic hit, they put their foot on the gas. Read story →

Companies need to be careful with accounting for crypto

By Michael Cohn       10 min read

As businesses invest in cryptocurrency and sell assets like nonfungible tokens, they should be aware of the accounting and tax issues surrounding them. Read story →

Real estate accountants face pandemic challenges

By Michael Cohn       12 min read

Accounting for real estate owners has become more difficult since the pandemic broke out last year as tenants stopped paying rent, rules changed for leases, and unused office space proliferated. Read story →

Grant Thornton takes the lead in new SEC clients

By Daniel Hood       2 min read

The market in new audit engagements is picking up after dropping in the second half of last year. Read story →

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IRS starts refunds for tax returns claiming unemployment benefits

By Michael Cohn       5 min read

The Internal Revenue Service is starting to provide tax refunds to taxpayers who paid taxes on their 2020 unemployment benefits that recent legislation later excluded from taxable income.  Read story →

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Mastering lease accounting and ASC 842 implementation

Thursday, May 20, 2021 2:00 PM EDT

The ASC 842 lease accounting standard for non-public companies will be required beginning in 2022.  Learn More →

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What clients expect from their accountants

As businesses across different industries work to improve experiences, U.S. consumers have increasingly high expectations of service, attention to detail, and convenience. So we commissioned an independent survey of U.S. taxpayers in order to get a better understanding of how the experience economy is affecting the expectations taxpayers have about their experience preparing taxes with an accountant. Learn More →

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Transforming audit by embracing digital

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The digital revolution is here. The potential benefits for accounting firms are significant. Firms leveraging cutting-edge digital technologies and navigating new ways of working are adding value to their clients and staff. Learn More →

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