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June 16, 2021

Prepared for Voornaam

AICPA, NASBA unveil CPA Evolution curriculum

By Sean McCabe       3 min read

The American Institute of CPAs and the National Association of State Boards of Accountancy debuted the new accounting education framework, which introduces more future-forward concepts to CPA candidates in time for the 2024 Uniform CPA Exam. View story →

Tech news: BDO joins NetSuite BPO Partner Program, and more

By Ranica Arrowsmith      

Everlance launches a business reimbursement solution, Corvee debuts a tax planning webinar series, and SignEasy integrates e-signatures with Google Sheets. View story →

RELATED

BDO becomes first Xero Global Partner →

Xero will become BDO’s preferred accounting solution for its business, services and outsourcing clients in the small to medium business space.

Time commitment, relevance push people away from CPA Exam

By Sean McCabe       3 min read

A new report from the Illinois CPA Society examines why young professionals aren't pursuing licensure. View story →

Accounting Today accepting 2021 MP Elite submissions

The annual list recognizes top leaders from accounting firms across the country. View story →

Senators propose bill to strengthen IRS whistleblower program

By Michael Cohn       3 min read

Sen. Chuck Grassley, R-Iowa, and Ron Wyden, D-Oregon, introduced a bipartisan bill to protect tax whistleblowers. View story →

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Build a culture around what happens outside the office

By Randy Crabtree       6 min read

It’s important to know your team’s interests, hobbies and passions outside of work, and encourage them to know the same about you. View story →

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Auditors face rising SOX compliance hours

By Michael Cohn       2 min read

The increasing number of hours devoted to Sarbanes-Oxley compliance, along with the COVID-19 pandemic, have accelerated the need to use technology and automation to cope, according to a new survey. View story →

AICPA, CAQ back climate change disclosures to SEC

By Michael Cohn       5 min read

The American Institute of CPAs and the Center for Audit Quality both submitted comments to the Securities and Exchange Commission expressing support for climate change disclosures by companies. View story →

In the blogs: Money troubles

By Jeff Stimpson       3 min read

Implications of a big leak; taxing multinationals; better current than new clients; and other highlights from our favorite tax bloggers. View story →

Dreams of working from a beach risk turning into a tax nightmare

By Charlie Wells and Ivan Levingston       5 min read

Working remotely from abroad could bring some thorny tax problems. View story →

Democrat behind SALT push floats one-time multimillionaire tax

By Laura Davison       2 min read

Representative Tom Suozzi, one of the leaders in Congress behind the push for an expansion of the state and local tax deduction, is considering proposing a one-time wealth tax on the richest Americans. Read story →

Bipartisan Senate group keeps gas tax indexing idea, for now

By Erik Wasson, Steven T. Dennis and Laura Litvan       3 min read

Lawmakers are trying to hash out a compromise $1.2 trillion, eight-year infrastructure spending package. Read story →

PwC reorganizes U.S. firm structure, sets new international strategy

By Michael Cohn       9 min read

PricewaterhouseCoopers is restructuring its U.S. firm into two business segments, and redefining its global strategy around the concept of trust. Read story →

IMA pushes back on CPA Evolution

By Michael Cohn       6 min read

The Institute of Management Accountants is objecting to the possible elimination of management accounting from the future courses required for students pursuing a career in accounting. Read story →

IAASB releases audit quality management guides

By Michael Cohn       1 min read

The International Auditing and Assurance Standards Board issued two new implementation guides Monday for its recent quality management standards. Read story →

RESOURCES

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What is the new finance technology stack for SaaS companies?

Wednesday, June 16, 2021 2:00 PM EDT

Quickly reporting on your SaaS metrics, and forecasting your cash, billings, and revenue, are the holy grail to scaling your SaaS business. But what is the right finance stack to put in to produce the data faster and more consistently? Learn More →

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Bookkeeping meets AI: Trends and predictions for the future of accounting

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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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