Art of Accounting: Cleaning out old files

My office moved and I am left with a dozen boxes I am going through to throw away things or shred. Since I am a compulsive saver, I feel it necessary to go through every box looking for things that need to be retained. This is creating a trip through memory lane for me. Here is some of what I found.


SEC offers guidance on accounting effects of Tax Cuts and Jobs Act

The Securities and Exchange Commission is giving companies some leeway as they prepare their quarterly financial statements after passage of the Tax Cuts and Jobs Act.


M&A roundup: Firms combine in Minnesota and Ohio

Hawkins Ash CPAs acquires Thomas Cummings; and Pease& Associates merges in Levin Swedler Kennedy.


Blockchain, AI and emerging technologies for your firm

New tools with the potential to revolutionize accounting – or disrupt it entirely – are emerging at a record pace.


Boomer’s Blueprint: Let the game come to you …

The pursuit of growth requires firms to adopt a different mindset.


Wolters Kluwer offers guides to tax reform law

Wolters Kluwer Tax & Accounting has released guides for both consumers and tax professionals to the new tax reform law that President Trump signed into law Friday.


Time to retire the corporate performance management concept

CPM solutions are custom built from the ground up, requiring massive implementation efforts.


FASB posts 2018 GAAP and SEC taxonomies

The Financial Accounting Standards Board has made available the 2018 GAAP Financial Reporting Taxonomy along with the 2018 SEC Reporting Taxonomy, pending final acceptance by the Securities and Exchange Commission.


Hedge fund manager Gorton sues firm over fraudulent tax advice

Fund manager David Gorton sued a U.S. law firm for fraud after its lawyers convinced him to buy into a carbon-credit investment that they had an undeclared financial interest in, according to a London lawsuit.


Trump signs $1.5 trillion tax cut bill in first major legislative win

President Donald Trump signed the Republican tax-overhaul bill to little fanfare on Friday, delivering a major tax cut to U.S. corporations along with a package of temporary cuts for other businesses and most individuals.