COSO offers guidance on blockchain and internal control

The Committee of Sponsoring Organizations of the Treadway Commission has released a new paper offering its views on how blockchain technology can be used with an organization’s internal controls over financial reporting.

COSO offers guidance on blockchain and internal control


The hidden tax implications of COVID-19 surcharges

In today’s COVID-19 world where nothing seems normal, and “new normals” are popping up in every business operation, service businesses are trying to make up for lost income and rising expenses in creative ways that will lessen the financial impact of COVID-19.

The hidden tax implications of COVID-19 surcharges


Intuit agrees to buy Singapore inventory software maker

Intuit Inc. has agreed to acquire TradeGecko, a Singapore-based inventory and order management software platform for small retailers and wholesalers in more than 100 countries.

Intuit agrees to buy Singapore inventory software maker


New York suggests a fraud probe is driving its bid for Trump records

Manhattan District Attorney Cyrus Vance Jr. suggested his office may be investigating potential bank and insurance fraud by the Trump Organization, as it seeks access to the president’s tax returns and other financial records.

New York suggests a fraud probe is driving its bid for Trump records


Practice Profile: Sticking with what works

Maxwell Locke & Ritter is pursuing the same staffing strategy — and the same values — through the pandemic.

Practice Profile: Sticking with what works


Pathways to Growth: Putting the sizzle back in the steak

Making the case for professional sales in today’s accounting marketplace.

Pathways to Growth: Putting the sizzle back in the steak


Credit card companies put aside billions for CECL and coronavirus

The six largest credit card issuers have set aside billions of dollars worth of reserves in response to the novel coronavirus as well as the adoption of the Financial Accounting Standards Board’s new credit losses standard.

Credit card companies put aside billions for CECL and coronavirus


IRS picks new Criminal Investigation chief

The Internal Revenue Service has named James Lee as its new chief of the Criminal Investigation unit, starting Oct. 1.

IRS picks new Criminal Investigation chief


Expiration of enhanced unemployment threatens taxpayers

Several unemployed workers described the difficulties they are facing to senators as congressional leaders continue negotiations.

Expiration of enhanced unemployment threatens taxpayers


3 ways to effectively manage remote teams

At a time when people are dealing with lots of internal pressure, one of the attributes to avoid as a leader is to become a micromanager. If you want to effectively lead a remote team, you’ve got to be willing to let go.

3 ways to effectively manage remote teams