QuickBooks Desktop 2018 features announced

Intuit has responded to common requests and ideas from its software users.


FASB sets up web page for implementing new standards

The Financial Accounting Standards Board has created a new web page to help companies implement its new standards.


COSO framework can help with sustainability reporting

The Committee of Sponsoring Organizations of the Treadway Commission’s internal control framework can help provide more assurance to investors about sustainability reporting by companies, according to a new paper.


In the blogs: Learn to earn

Uber problems; stay interviews; grandpa as dependent; in memoriam; and other highlights from our favorite tax bloggers.


Deloitte sees global revenue reach $38.8B

Deloitte saw its global annual revenue reach $38.8 billion in the fiscal year ended May 31, 2017, a $2 billion increase over the prior year.


Congress wants this $2 trillion tax break. U.S. companies don’t

Some lawmakers would like to give businesses an “unprecedented” way to slash their tax bills by investing in new equipment. But firms that stand to benefit most are saying no thanks, just give us a bigger rate cut.


GOP aide is said to snag $670,000-a-year job chairing PCAOB

A little-known Republican Senate aide is in line to lead the accounting industry’s watchdog, setting up an official who lacks experience in the auditing profession for one of the highest-paying jobs in financial regulation.


Illinois CPA Society's 2017 Day of Service

The organization’s 8th annual event saw over 1,200 professionals volunteer in local communities.


Increasing the CPA pipeline through early-stage accounting education

Academia has a major role to play in ensuring the future of the profession.


Exxon must disclose accounting details in N.Y. climate probe

Exxon Mobil Corp.’s attempt to use “accountant-client privilege” to avoid handing over audit documents in a politically charged climate-change probe was dealt a final blow by New York’s top court.