KPMG audits of collapsed builder Carillion probed by U.K. accounting regulator

The U.K. Financial Reporting Council opened a probe into KPMG LLP’s audits of Carillion Plc, after the builder collapsed under a mountain of debt earlier this month.


Mississippi State adds big data to accounting curriculum

The University’s Richard C. Adkerson School of Accountancy will be putting an emphasis on analytics in their undergrad and graduate programs moving forward.


SAP makes biggest deal since 2014, CEO backs Trump’s tax plan

SAP SE Chief Executive Officer Bill McDermott has backed U.S. President Donald Trump’s tax plan, and revealed a $2.4 billion deal for Callidus Software Inc., its biggest acquisition in more than three years.


Blackstone mulls leap into financial data with Thomson Reuters talks

Blackstone Group LP, the private equity giant led by Stephen Schwarzman, is considering its biggest foray yet into the $27 billion-a-year industry for financial information.


IRS offers guidance on W-4 form withholding for TCJA

The Internal Revenue Service has issued a notice providing guidance for employees and employers on what to do with the Form W-4 under the new Tax Cuts and Jobs Act.


RSM gifts $90K to staff for 3rd annual 'Pursue Your Passion' program

The Top 5 firm once again helped nine professionals follow their dreams with $10K each and paid-time-off.


Eight ways to prepare for big tax law changes this filing season

The federal tax overhaul put in place by Republicans has produced an unusual show of bipartisanship now that tax season is here: We are a nation united in befuddlement.


Tax cuts help Trump win fans at conservative Koch donor network

There’s nothing like $1.5 trillion in tax cuts to help make friends at a gathering of conservative political donors.


Everything is ‘continuous’

Automated systems will let accountants get real-time, single-source-of-truth data more easily than ever. EY partner Brad Baer dives into what this will mean.


With the introduction of QDD, will tax compliance get even more taxing?

Just when banks may have thought they have met all of their fiscal and regulatory obligations for the New Year (including the hotly debated IRS 871(m) requirements governing financial derivatives), yet a new one arises.