Hong Kong targets tighter scrutiny of listed companies’ auditors

Hong Kong, which has faced a slew of criticism on company financial reporting, is set to create a new framework to oversee auditors of listed entities in the city.


Firms on the move: Rodman CPAs hosts solar roundtable

Baker Tilly grants wishes with new nonprofit campaign; Bennett Thrasher adds tax controversy practice; and more news from CPA offices across the country.


Xero Americas names winners of 2017 partner awards

Both firms and software providers were recognized for their use of Xero in elevating client services.


Banks brace for CECL standard

Financial institutions are getting ready for the Financial Accounting Standards Board’s new credit loss standard, though some are dragging their heels, even as the effective date approaches.


The case for payment automation

Why do businesses still make so many payments by paper check, even as technology has made checks nearly obsolete in the consumer world?


Cuomo proposal targets carried interest tax loophole in N.Y.

New York Governor Andrew Cuomo announced plans Thursday to target a tax break for investment fund managers in his state.


Apple’s $38B U.S. taxes leave EU nemesis unmoved

European Union regulators reacted coolly to Apple Inc.’s move to repatriate hundreds of billions of overseas dollars to the U.S., saying “nothing has changed” in its order for the iPhone maker to pay back taxes to Ireland.


M&A roundup: Deals in Illinois, Ohio and Texas

APEX CPAs & Consultants merges in Morrison & Associates; Smith Barta & Company joins Maloney + Novotny; A&M Taxand adds TRCG Advisors; Briggs & Veselka acquires William C. Love CPAs; and Ryan buys Retzloff.


ACCA and IMA see economic confidence on the rebound

Economic confidence in the U.S. rebounded strongly in the fourth quarter of last year, according to a new survey by the Association of Chartered Certified Accountants and the Institute of Management Accountants.


Finance execs worried about internal controls and lease accounting

Internal controls, the new lease accounting standard and cybersecurity are just some of the issues keeping financial executives up at night, according to a new survey by KPMG.