Justice done; Invented numbers; gone fishing; and other highlights of recent tax cases.
A new Accounting Today survey dives into the intricacies of this core service of the accounting profession.
The 3.1 percent hike includes workers at the Internal Revenue Service.
In addition to AI, which has made its way onto many accounting tools of late, the platform features real-time collaboration, automated workflows, and big data analytics as well.
The Financial Accounting Standards proposed some minor adjustments Thursday to the credit losses standard, also known as CECL because of its use of a Current Expected Credit Losses model.
Listen carefully, and you can detect a change in the way that partners at the major firms talk about their consulting work.
Tongaat Hulett Ltd. said South African police are investigating an unnamed former executive for his role in an accounting scandal that’s forced the sugar maker to restate financials and ask for its shares to be suspended.
The White House is developing a plan to cut taxes by indexing capital gains to inflation, according to people familiar with the matter, in a move that would largely benefit the wealthy and may be done in a way that bypasses Congress.
The case has applicability to all administrative agencies, including the IRS, and their ability to issue authoritative regulations and guidance.
The annual list recognizes top leaders from accounting firms across the country.