FASB tweaks leasing standard for land easements

The Financial Accounting Standards Board has issued an accounting standards update to clarify how to apply the new lease accounting standard to land easements, simplifying adoption of the standard for some easements.


Trump tax cuts will be smaller than expected for many companies

Opponents of the new corporate tax cuts were right. Many companies didn’t pay the full rate before the law passed—so they won’t see splashy reductions in 2018, according to their own estimates.


Firms on the move: Deloitte announces FanTAXtic winners

Baker Tilly International announces $3.4 billion in global revenues; Rea & Associates donates food to Help Can Hunger drive; and more news from CPA offices across the country.


People on the move: Eide Bailly names first CIO

Dixon Hughes Goodman appoints director of change management; CohnReznick grows transactional advisory team; and other recent hires, promotions and personnel news from firms across the country.


Nigeria going after tax defaulters who say ‘catch us if you can’

Nigeria’s finance minister plans to drag tax defaulters who don’t make use of an amnesty to court as she seeks funds to plug the nation’s $25 billion infrastructure gap.


Trump says ‘America First’ to benefit world and plugs tax law in Davos speech

President Donald Trump said Friday that U.S. economic growth promoted by his policies would help the world, seeking to square his “America First” agenda with globalism.


UHY Advisors acquires Bright Point Consulting

UHY Advisors, Inc. has acquired Bright Point Consulting, a finance and accounting software implementation firm based in Raleigh, N.C.


Robots still can’t find questions to ask

Inclusion is being celebrated at the World Economic Forum at Davos, and this is hardly surprising. Inclusivity and diversity have been staples of corporate life for many years now.


Biz2Credit lending software now available through AccountantsWorld

Small business loan approvals are up, and the partnership is meant to help this trend continue.


How AI is driving a new era of accounting

Artificial intelligence is on a fast track to peak-hype status.