PCAOB announces 2018-19 scholarships

The Public Company Accounting Oversight Board will award one $10K scholarship each to 332 colleges and universities across the country.


KPMG ups the ante on summer perks

$500 gift cards, a barbecue package from Omaha Steaks, summer office parties, and early departures on Friday are among the rewards the firm is handing out.


GDPR, consent and other processing bases for accountants

One of the key changes introduced by the European Union’s General Data Protection Regulation relates to the issue of consent.


House passes repeal of medical device tax

The House approved a repeal of the Affordable Care Act’s medical device tax, along with a bill that prohibits the IRS from rehiring any employee who was fired for misconduct.


From artificial intelligence to accounting intelligence

Some call AI the fourth industrial revolution — and it fascinates us, raises many questions, excites us, even scares us a little.


Steinhoff’s ex-Europe CFO quits as accounts probe deepens

Steinhoff International Holdings NV said the former head of finance in Europe has left the boards of two key units as an investigation into the scandal-hit retailer’s inaccurate accounts deepens.


SEC queries India’s ICICI on governance, accounting

The U.S. Securities and Exchange Commission has sought details from India’s ICICI Bank Ltd. on its accounting and corporate governance practices, people familiar with the matter said.


Ninth Circuit reverses Tax Court in loss for Intel and win for IRS

In a case involving how expenses are allocated between corporate domestic and overseas operations, the Ninth Circuit Court of Appeals reversed on Tuesday the Tax Court’s decision in a major win for the Internal Revenue Service against Intel’s subsidiary Altera.


GOP’s new tax-cut framework leaves out fixes for retailers, #MeToo victims

House Republicans unveiled a broad outline on Tuesday for their next phase of tax code changes, which steered clear of correcting technical mistakes from last year’s overhaul.


Xero delivers full-service payroll through Gusto partnership

The companies will work on deeper integration over the next year to debut new, specialized features.