Management accountants grapple with new standards

The changing revenue recognition and leasing rules are prompting various strategies to deal with them.


Bloomberg Tax offers revenue recognition technology

Bloomberg Tax has introduced an ASC 606 solution for its Advantage tax management system to help companies comply with the new revenue recognition standard.


AutoEntry establishes partner program

Accountants can gain access to the company’s software at a discount, improving margins on value-added services at their firm.


FASB updates accounting for share-based payments

The Financial Accounting Standards Board hopes to improve the financial reporting for stock compensation.


Postcard-size 1040 tax form to be released next week

Treasury Secretary Steven Mnuchin said his department will be releasing a postcard-size Form 1040 next week, fulfilling one of the promises of last December’s tax overhaul.


Supreme Court’s Wayfair decision sidelines Quill

SCOTUS rules 5-4 to give states greater power to make out-of-state retailers collect online sales taxes.


ConvergenceCoaching names Spring Transformational Leadership Program graduates

The consulting firm recognized its most recent group of high-potential candidates who completed the one-year professional development program.


Former IRS agent convicted of filing false tax returns

An ex-employee with the Criminal Investigation unit was found guilty of obstruction of justice and stealing government money.


The impact of GILTI on foreign income

Here are the major considerations to keep in mind when developing future strategies that are affected by the tax code’s new provisions.


Retailers have one less excuse for woes with high court tax win

Chalk up another victory for brick-and-mortar retailers.