FASB adds projects to technical agenda

The Financial Accounting Standards Board voted Thursday to add three more projects to its technical agenda in the areas of liabilities and equity, financial performance reporting, and segment reporting.


Small business owners favor tax reform from Trump

Tax reform should be the number one priority of the Trump administration, according to a new survey of small business owners.


IRS proposes rules for truncated SSNs on W-2 forms

The Internal Revenue Service has proposed regulations allowing truncated Taxpayer Identification Numbers on the Form W-2 to help protect people’s Social Security Numbers from identity theft.


IIRC teams with ICAS on sustainable development

The International Integrated Reporting Council and the Institute of Chartered Accountants of Scotland have published a new report describing how businesses can achieve Sustainable Development Goals.


Senate tax chairman splashes cold water on unified GOP plan

Senate Finance Chairman Orrin Hatch is downplaying the prospect that the White House and congressional Republican leaders will be able to deliver a unified framework for tax legislation next week, as other officials have promised.


U.S. tech giants in EU crosshairs as tax clampdown takes shape

The European Commission will outline on Thursday different options for taxing digital companies as the 28-nation bloc seeks to raise money from an industry that it says provides less than it should to public coffers.


RSM holds 8th annual Volunteer Day

The Top 5 Firm saw more than 3,100 staff members help over 100 charity organizations.


ASC 606 or 666? Revenue recognition standard could spell trouble for software companies

The revenue recognition standard that takes effect in December for public companies could pose challenges for technology businesses, particularly those relying on traditional subscription licenses, and many companies aren’t ready for the impact on their financials.


Finalists announced for 2017 Financial Planning Challenge

Eight collegiate teams will face off at the FPR Annual Conference in October.


Mauldin & Jenkins merges in Derrick, Stubbs & Stith

Mauldin & Jenkins LLP, a Top 100 Firm, is expanding its presence in South Carolina by adding Derrick, Stubbs & Stith, a firm based in Columbia, S.C., effective Oct. 1, 2017.