CAQ Helps Audit Committees Assess Revenue Recognition Standard

The Center for Audit Quality has released a document to help audit committees to evaluate how far along their companies have come in implementing the new revenue recognition accounting standard.

Tax Strategy Scan: A Trump Cheat Sheet

A planner’s guide on what clients should do before and after the president-elect takes office. Plus, why the timing may be right for the “beaten-stock strategy.”

COSO Certificate Program Goes On-Demand

The Committee of Sponsoring Organizations of the Treadway Commission, also known as COSO, has introduced a self-study, on-demand learning program for attaining the COSO Internal Control Certificate.

Estate Tax Repeal under Trump Would Benefit President, Cabinet

President-elect Donald Trump, who won the hearts and minds of millions of working-class voters, may help deliver a multibillion-dollar bonanza to America’s wealthiest families.

PCAOB Finds Problems with KPMG Audits

The Public Company Accounting Oversight Board released a report Tuesday on its 2015 inspection of KPMG LLP, finding problems with 20 of the 49 companies whose audits by the firm were inspected.

AICPA Wants IRS to Withdraw Estate Tax Proposals

The American Institute of CPAs is asking the Internal Revenue Service and the Treasury Department to withdraw and, if necessary, re-propose their rules for the valuation of interests in corporations and partnerships for estate, gift and generation-skipping transfer tax purposes.

Accounting Officials Scrutinize Non-GAAP Measures

Officials from the Securities and Exchange Commission and the Center for Audit Quality discussed the effort to rein in the use of non-GAAP financial measures during an American Institute of CPAs conference Monday.

Year-End Tax Tips

Steps to take before the New Year for a better tax return in 2017 (text version)

Tax Strategy Scan: Thinking Outside the Box on RMDs

Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.

Election-Driven Expats May Want to Reconsider

If your clients are upset by the outcome of the election, there are some things they should know before they book a one-way ticket out of the country.