Accountants are well-positioned for the future, say the AICPA’s president and CEO and its new chairman.

The Senate passed the far-reaching package only days after it passed the House for the second time, sending it to President Trump’s desk for his signature.

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The Governmental Accounting Standards Board has proposed some new guidance on the accounting and financial reporting for public-private and public-public partnership arrangements, along with availability payment arrangements.

The merger is part of a growing trend of large accounting firms merging in non-CPAs, particularly in technology.

New York, New Jersey and Connecticut have been fighting a new cap on state and local tax deductions ever since it was included in the 2017 Republican tax overhaul.

Warmels & Comstock and Layton & Richardson in East Lansing have agreed to combine with the Top 100 Firm, effective July 1, 2019.

The initiative, dubbed Navigating the Future, will include collaboration with innovation expert Pascal Finette and his firm, Radical.

Accountants should transform their services now, before they have to, say Erik Asgeirsson and Mark Koziel.

PricewaterhouseCoopers was fined 4.55 million pounds by the U.K.’s accounting watchdog over failings in its handling of technology firm Redcentric.