Technology and future generations of accountants

The IMA’s Jeff Thomson discusses generational issues in accounting and how they’re learning to use advanced technologies


Patisserie accounting woes bring chairman’s warning to life

Luke Johnson should have read his own aide-memoire. A month after the Patisserie Holdings Plc chairman published an advice column on spotting fraud, his finance chief has been arrested in an accounting scandal that threatened to shut the cake baker’s 200-plus stores.


Top 3% of U.S. taxpayers paid majority of income taxes in 2016

Individual income taxes are the federal government’s single biggest revenue source. In fiscal year 2018, which ended Sept. 30, the individual income tax is expected to bring in roughly $1.7 trillion, or about half of all federal revenues, according to the Congressional Budget Office.


SEC suspends former BDO auditors for ‘predating’ work papers

The auditors had fallen behind, according to the commission, and falsified their documentation to make a deadline.


Create 'One Firm'

Make sure staff know there’s life outside their department.


Groups plan global sustainability push at World Congress of Accountants

The Prince of Wales’ Accounting for Sustainability project and the International Integrated Reporting Council intend to promote sustainability reporting and integrated reporting at the World Congress of Accountants that’s set to take place in Sydney, Australia in early November.


Is California’s clawback provision a sign of future tax policy in other states?

When contemplating a 1031 exchange, one of the most commonly overlooked issues by investors is state taxation.


Everlance now integrates with Xero and FreshBooks

The mileage and expense tracking app has reached the 500,000-user milestone.


Embrace technology

Staff want to work with tools that are at least as good as the ones they have at home.


Tesco CEO knew things were bad. They were about to get worse from accounting scandal

Testifying at the accounting fraud trial of two former executives, the U.K. retailer’s chief talked of his genuine shock when he was first shown a report that described howthe company had overstated income by 246 million pounds ($326 million).