Implementing CECL for the long run

FASB’s new Current Expected Credit Loss (CECL) standard brings a significant change to credit loss accounting, and the road to compliance presents many challenges for financial institutions.


Ending the state, local tax deduction is up for negotiation, Cohn says

Trump isn’t tied to eliminating the break, which is popular in states with high rates, like New York, New Jersey and California.


The GOP tax framework: What would change?

Experts at Bloomberg BNA highlight the most important changes the Republican leaders’ nine-page proposal could lead to.


Ideagen rebrands Pentana, offers new compliance and oversight suite

The collection includes and audit, performance and accounting standards checklist software.


American Woman's Society of CPAs to join AICPA

The female advocacy group, founded in 1933, will join the institute’s Women’s Initiatives Executive Committee.


Ineffective partners and how to deal with them

When others in the firm see ineffective partners endure year after year and overstay their welcome, it’s demoralizing.


IRS makes it easier to house hurricane victims

The Internal Revenue Service is lending a hand to victims of Hurricanes Harvey, Irma and Maria by offering temporary relief from some requirements of the tax code to owners and operators of low-income housing projects who have room to shelter some of the displaced people.


House passes disaster tax relief bill for hurricane victims

The House passed legislation Thursday that provides some tax relief to victims of the recent spate of hurricanes.


AICPA announces 2017-18 Accountemps Scholarship winners

Four students will receive $10K each for showing promise as future CPA leaders.


RSM US Foundation gifts $250K to Iowa State University

The Top 5 Firm’s donation will go towards an endowed faculty position at the school’s Department of Accounting.