Tax Fraud Blotter: Firestarter
Fate sealed; insults to injury; thanks, dad; and other highlights of recent tax cases.
Fate sealed; insults to injury; thanks, dad; and other highlights of recent tax cases.
Professional services firm Accenture has acquired Revolutionary Security for an undisclosed sum, making it the third cybersecurity purchase for the firm this year. Revolutionary Security provides cybersecurity services for critical infrastructure sectors, of which financial services is one.
Accenture acquires Revolutionary Security in third cybersecurity purchase this year
BKD promotes 32; Grant Thornton hires fraud risk senior manager; and more CPA news.
People & firms on the move: Crowe names first chief diversity officer
Chris Mitchell, a consulting principal within Crowe’s technology, media and telecommunications services group, will oversee inclusive practices at the Top 10 Firm.
Officials in Brussels may ask Europe’s financial industry to make a joint pledge to keep credit flowing to companies hurt by the coronavirus pandemic.
EU eyes pact with banks for financing companies hurt by coronavirus pandemic
The International Accounting Standards Board proposed amendments to assist companies in providing useful information to investors about the effects of interest rate benchmark reform on financial statements.
IASB proposes further IFRS Standards amendments regarding interest rate benchmark reform
The Financial Accounting Standards Board plans to propose that private companies and nonprofits get an extra year to implement the lease accounting standard while also giving private franchisor companies an extra year for revenue recognition.
FASB proposes to delay accounting standards in response to coronavirus
The prediction of job elimination via technology has been made eleven times throughout history. It still hasn’t happened.
The American Institute of CPAs has posted a set of frequently asked questions and answers aimed at helping CPAs and their clients with tax filing and tax relief in response to the novel coronavirus pandemic, while pointing out the various shortcomings in the federal government’s response.
AICPA highlights tax filing shortcomings related to coronavirus relief
Cherry Bekaert, a Top 25 Firm based in Richmond, Virginia, has acquired Tax Advantage Group, a consulting firm in Greenville, South Carolina that specializes in providing services related to the New Markets Tax Credit to clients across the U.S.