DAILY BRIEFING

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November 5, 2021

Prepared for Voornaam

Meet the 2021 Best Firms for Young Accountants

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A look inside the 10 best places to start a career in accounting. View story →

Inside the 2021 Best Firms for Young Accountants: Beacons in uncertain times

By Sean McCabe       9 min read

Meet this year's 10 best workplaces to start a career. View story →

RELATED

IFAC provides digital access to international accounting standards →

The International Federation of Accountants debuted eIS, a new way to access global auditing, assurance, ethics and public sector accounting standards online.

IRS ups 401(k) contributions to $20,500

By Michael Cohn       3 min read

The service lifted the limit from $19,500 as part of its annual inflation adjustments.  View story →

Practice Profile: Cracking the glass ceiling

By Danielle Lee       5 min read

For Eide Bailly, gender diversity in leadership started with crunching the numbers View story →

Attest services: Going beyond brown M&Ms

By Daniel Hood       3 min read

The trust accountants have earned and the assurance skills they've developed have created a huge range of opportunities.  View story →

SPONSOR CONTENT

Earn Up to Three Free CPE Credits in Webinar Series

On Tuesday November 9th, at 12pm ET join our Finance and Accounting Masterclass where you can earn up to three free CPE & CTP credits. Save Your Seat! →

Intuit announces revenue sharing program, new bookkeeping workflow features

By Danielle Lee       2 min read

The enhancements, along with a new QuickBooks Online Windows app and ProAdvisor certification, were introduced during Intuit's virtual QuickBooks Connect user conference.  View story →

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Baker Tilly to acquire MFA

By Michael Cohn       2 min read

The deal will expand the firm’s presence in the Boston area and with clients in the life sciences sector.  View story →

Intuit releases advisory services guide

By Sean McCabe       2 min read

The Path to Advisory, a free, online guide available through the Intuit ProConnect Tax Pro Center, looks to help firms with their shift to planning and advisory services. View story →

KPMG U.S. debuts first report on hybrid work

By Sean McCabe       3 min read

The Big Four firm's paper outlines the future of a more remote-friendly professional environment with a particular focus on DE&I. View story →

Tax Fraud Blotter: ‘One fire too many’

By Jeff Stimpson       6 min read

Where there’s smoke; FedEx con; the bank of me me me; and other highlights of recent tax cases. View story →

What to tell clients who hold 20 or fewer leases

By Ane Ohm       5 min read

Are we overstating the work involved to implement the new lease accounting standard?  Read story →

IFAC provides digital access to international accounting standards

By Michael Cohn       2 min read

The International Federation of Accountants debuted eIS, a new way to access global auditing, assurance, ethics and public sector accounting standards online. Read story →

Audit committees unprepared for climate change

By Michael Cohn       3 min read

Most boardroom audit committees around the world don’t discuss climate on a regular basis or consider themselves particularly knowledgeable about the subject. Read story →

SALT cap splinters Democrats rushing for deal on Biden plan

By Laura Litvan, Laura Davison and Erik Wasson       2 min read

Congressional Democrats floated fresh proposals on how to increase the federal deduction on state and local taxes, but House and Senate lawmakers were at odds over whether the very rich should be allowed to take the tax break. Read story →

Pelosi readies Biden agenda for vote with key items unsettled

By Billy House, Laura Davison and Erik Wasson       4 min read

Democrats have found new urgency to pass the roughly $1.75 trillion tax and spending plan as well as an infrastructure bill with $550 billion in new spending after being stung by a Republican sweep of statewide races in Virginia. Read story →

RESOURCES

WEB SEMINAR

ASC 842 - The clock is ticking for Non-Public entities

Tuesday, November 9, 2021 2:00 PM EST

In this webinar, finance, and technology experts from IRIS Software Group explore the practical considerations and best practices for implementing the new standard - based on the lessons learned from public market adopters. Learn More →

SPONSOR CONTENT FROM IRIS

REPORT

6 steps to finding and loading lease data: A quick start guide for compliance

6 key steps to figure out what you lease and how to get compliant with lease accounting standards.  Learn More →

SPONSOR CONTENT FROM EZLease

WEB SEMINAR

2022 and beyond accounting firm technology preview

Wednesday, December 1, 2021 2:00 PM EST

The latest technologies are making it easier for firms to adapt to the rapid pace of change and handle increased pressures in the accounting profession.  Learn More →

SPONSOR CONTENT FROM Wolters Kluwer

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