Art of Accounting: New partner responsibilities

Many new partners continue as they were, but with a higher status, and more pay. However, there is plenty for new partners to know and do, and unfortunately many firms do not have any “new partner training,”

Art of Accounting: New partner responsibilities


SEC chief urged to drop U.S. Attorney bid amid political battle

U.S. Securities and Exchange Commission Chairman Jay Clayton was surprised and dismayed by the political battle that quickly erupted over his pending nomination to be the top federal prosecutor in New York, said people familiar with the matter.

SEC chief urged to drop U.S. Attorney bid amid political battle


Wayfair at 2: The complexity continues

With the landmark Supreme Court decision marking its second anniversary, Avalara’s Scott Peterson and Liz Armbruester dive into its origins — and its many, many ramifications.

Wayfair at 2: The complexity continues


Trump administration flips on PPP disclosures after backlash

The Trump administration, following a backlash, said it would release details about companies that received loans of $150,000 or more from a coronavirus relief program for small businesses.

Trump administration flips on PPP disclosures after backlash


5 reasons to move into sell mode at your firm amid coronavirus

It’s a good time to be opportunistic about your firm’s future — and to poke these embers in a meaningful way.

5 reasons to move into sell mode at your firm amid coronavirus


IRS expands tax relief for taxpayers taking money from their retirement plans amid coronavirus

The Internal Revenue Service provided guidance Friday to taxpayers who are taking advantage of some provisions in the CARES Act that allow them to take out money from their retirement accounts due to the pandemic.

IRS expands tax relief for taxpayers taking money from their retirement plans amid coronavirus


Fathom debuts Advisable, an educational platform for accountants

Advisable taps advisory teams from around the world who share their insights and experience.

Fathom debuts Advisable, an educational platform for accountants


People & firms on the move: CLA opens registration for virtual summer program

Mindbridge named a World Economic Forum Technology Pioneer; Mazars USA opens office in Dallas; and more CPA news.

People & firms on the move: CLA opens registration for virtual summer program


Credit strategies for protecting working capital in a crisis

For B2B sellers, extending credit to customers always carries a degree of risk — payments could be delayed, or worse yet delinquent, jeopardizing working capital. But in an economic crisis, that risk is compounded.

Credit strategies for protecting working capital in a crisis


Wirecard’s missing $2.1B forces out CEO, panics lenders

Markus Braun’s almost two decades as Wirecard AG’s chief executive officer ended after accusations about the company’s accounting culminated in a shock disclosure that it was unable to locate 1.9 billion euros ($2.1 billion).

Wirecard’s missing .1B forces out CEO, panics lenders