Private sector added 117K jobs in February

Employment in the private sector grew by 117,000 jobs last month, according to ADP, despite cuts at big companies, manufacturers and builders, as the economy continued its slow recovery.

Private sector added 117K jobs in February


Finance and accounting fall short on diversity

The corporate finance and accounting area underperforms compared to other job functions when it comes to diversity, equity and inclusion.

Finance and accounting fall short on diversity


CMAs experienced fewer salary cuts during pandemic

Certified management accountants weren’t as hurt salary-wise by the economic downturn caused by the COVID-19 pandemic as non-CMAs, according to a new survey.

CMAs experienced fewer salary cuts during pandemic


BDO buys digital marketing firm

The Top 10 Firm is bolstering its tech services by acquiring DemandGen International Inc., a digital marketing strategy and technology services agency.

BDO buys digital marketing firm


IRS offers guidance on employee retention credit and PPP eligibility

The Internal Revenue Service released guidance Monday for employers claiming the employee retention credit for 2020 and how it relates to eligibility for the Paycheck Protection Program.

IRS offers guidance on employee retention credit and PPP eligibility


SASB moves forward on standard-setter consolidation

The board is finalizing a merger with the International Integrated Reporting Council, while watching efforts to establish a standard-setter overseen by the IFRS Foundation.

SASB moves forward on standard-setter consolidation


IRS faces delays, risks for tax season amid pandemic

The Internal Revenue Service needs to take action to avoid processing delays this filing season due to the COVID-19 pandemic, according to a new government report.

IRS faces delays, risks for tax season amid pandemic


Tax executives have trouble plotting strategy this year

The uncertainties in the year ahead are making it difficult for corporate tax executives to decide exactly what to do, given the challenges surrounding COVID-19.

Tax executives have trouble plotting strategy this year


IFAC teams with IIRC on integrated reporting assurance

The International Federation of Accountants is partnering with the International Integrated Reporting Council on a joint initiative.

IFAC teams with IIRC on integrated reporting assurance


Companies investing in crypto may be in for a rude accounting surprise

Corporations are starting to buy digital assets like Bitcoin to bolster their treasuries, but the volatility in prices could put a dent in their balance sheet.

Companies investing in crypto may be in for a rude accounting surprise