McConnell wants revenue-neutral tax plan, at odds with Trump

Senate Majority Leader Mitch McConnell said that any tax overhaul can’t add to the growing U.S. budget deficit, a position that places him at odds with President Donald Trump, who has called for a significant tax cut.


NABA adds four scholarships

The National Association of Black Accountants has awarded $11M to accounting and finance students since its inception.


Study finds signs of accounting manipulation in revenues reported by companies

Many companies may be engaging in revenue management, along with earnings management, to meet or beat analyst expectations, particularly in the technology and health care industries, according to a new study.


GASB offers guidance on extinguishing debt

The Governmental Accounting Standards Board has issued guidance for state and local governments to use when they extinguish debt before it matures.


Western Illinois University holds 12th annual 'Accounting Challenge'

Local high school students tested their skills with the help of the college and the Illinois CPA Society.


Art of Accounting: How to start an accounting practice, a free CPE program for readers

This program will be a wild ride on everything you need to consider.


Trump nominates David Kautter of RSM as Assistant Treasury Secretary for Tax Policy

President Trump has nominated David Kautter, partner-in-charge of the Washington National Tax practice of RSM US, as Assistant Secretary of the Treasury for Tax Policy.


U.K.-based Webexpenses opens U.S. office

The company specializes in expense reporting.


When older clients start to decline

As clients age, accountants and advisors need to be ready to help them and their families handle the issues surrounding their eventual decline. U.S. Wealth Management’s John Napolitano discusses how, and why it’s more important than ever.


Grant Thornton taps Peter Bodin as global CEO

Grant Thornton International has named Peter Bodin, the former CEO of Grant Thornton Sweden, as CEO-elect, succeeding Edward Nusbaum, who will retire at the end of the year.