Finding the opportunity in the opportunity zones

A lesser-known provision of the Tax Cuts and Jobs Act may offer a major investment for clients.


PCAOB finds high deficiencies for broker-dealer auditors

The Public Company Accounting Oversight Board released a report Monday on its inspections last year of auditors of brokers and dealers, indicating a continuing high number of audit deficiencies overall, albeit with fewer independence violations than in previous years.


FASB proposes to tweak CECL standard

The Financial Accounting Standards Board released a proposed accounting standards update Monday to amend the transition requirements and scope of the credit losses standard that it issued in 2016.


Art of Accounting: Wasted lunch opportunity

A colleague mentioned that his partners never want to leave the office for lunch, preferring to eat at their desks.


Seven key steps in building a crisis communications plan

While it cannot guarantee any negative publicity will result from an issue, it can help to manage the situation and minimize the reputational damage.


Warren Averett sends team to Rwanda

The Top 100 Firm sent four staff members to see firsthand how their monetary donations, via Compassion International, have helped local children.


Steinhoff removes two former executives amid accounting probe

Steinhoff International Holdings NV suspended former Chief Financial Officer Ben La Grange and ex-director Stehan Grobler in the first action taken against current employees of the company following an accounting scandal.


KPMG’s annus horribilis continues with fine for Ted Baker audits

For KPMG, another week, another rebuke from U.K. accounting regulators.


Facebook, Coke could face tax hit after ruling against Medtronic

Last week, Medtronic Plc suffered a legal setback in its bid to avoid a $1.4 billion U.S. tax bill — a ruling that may have costly implications for other multinationals battling the Internal Revenue Service over the use of overseas payments to lower their taxes.


Seven safeguards to combat payroll fraud

These long-lasting schemes can wreak havoc on a business.