AuditBoard releases risk, compliance, audit solution RiskOversight

RiskOversight is designed to elevate and execute risk management programs across the enterprise, including risk identification, assessment, response, mitigation and monitoring.

AuditBoard releases risk, compliance, audit solution RiskOversight


How to file Schedule H for your clients with household employees

As you’re gathering documents this tax season and preparing personal tax returns, you may come across clients who have employed domestic help in the past year.

How to file Schedule H for your clients with household employees


Mnuchin to ask Congress for $850B virus stimulus package

The Treasury Secretary is expected to seek a third round of coronavirus-related economic stimulus, including postponing the due date for quarterly tax payments.

Mnuchin to ask Congress for 0B virus stimulus package


A spur to change

Coronavirus is an opportunity for the accounting profession to make strides in two important areas.

A spur to change


AICPA proposes guidance on insurance accounting

The American Institute of CPAs’s Financial Reporting Committee released working drafts of two pieces of implementation guidance for the Financial Accounting Standards Board’s long-duration insurance contracts standard.

AICPA proposes guidance on insurance accounting


'It's not your father's firm anymore'

Transition Advisors’ Bill Carlino discusses the major factors driving change in the accounting profession — and how firms are reacting.

'It's not your father's firm anymore'


5 tips for going remote now

Firms across the United States are facing the reality of going remote quickly as COVID-19 spreads and states attempt to stem the contagion.

5 tips for going remote now


CFOs worry coronavirus may lead to global downturn

More than half of chief financial officers see the potential for a significant impact on their business operations, according to a new survey from PwC.

CFOs worry coronavirus may lead to global downturn


U.S. Chamber calls for payroll tax cut, loans to address virus

The U.S. Chamber of Commerce called Monday for a three-month cancellation of all payroll taxes paid by employers to address “a sudden and sharp drop in demand” facing businesses due to the coronavirus pandemic.

U.S. Chamber calls for payroll tax cut, loans to address virus


Art of Accounting: Clients don’t care that it is tax season

When a client has a problem or wants something from you, he or she needs your attention. Are you as responsive as you need to be?

Art of Accounting: Clients don’t care that it is tax season