Testing FASB’s goodwill impairment model through a pandemic

Is the current method painting the most accurate picture for private companies facing the coronavirus?

Testing FASB’s goodwill impairment model through a pandemic


Engineered Tax Services acquires The Growth Partnership

The engineering firm is adding resources to help its CPA and accounting firm partners make the move to advisory services.

Engineered Tax Services acquires The Growth Partnership


Accountants shifting to more advisory services amid coronavirus

Accountants and tax professionals have been helping their small business clients deal with the economic fallout from the COVID-19 pandemic, shifting away from their routine compliance work after the end of the prolonged tax season.

Accountants shifting to more advisory services amid coronavirus


SEC loosens auditor independence rules

The Securities and Exchange Commission voted to adopt amendments to its longstanding auditor independence requirements, relaxing restrictions on relationships between auditors and their clients as part of a deregulatory push by the SEC in recent years.

SEC loosens auditor independence rules


People & firms on the move: MACPA restructures Education Foundation to focus on D&I

IAASB and IESBA announce deputy chairs and board appointments; Grant Thornton names two national managing partners; and more CPA news.

People & firms on the move: MACPA restructures Education Foundation to focus on D&I


Unit4 adds forecasting and planning capabilities to ERP software

The new version of the ERP software includes quick modeling functionality.

Unit4 adds forecasting and planning capabilities to ERP software


Meeting the challenges of managing an audit team remotely

Before auditors get too deep into the next cycle, take stock of the lessons learned from this first phase of remote auditing to see how your firm can build on what has been accomplished.

Meeting the challenges of managing an audit team remotely


Houston tech mogul indicted for ‘largest-ever tax charge’

Robert T. Brockman, a Houston software tycoon, was charged with using a web of Caribbean entities to hide $2 billion in income in what prosecutors called the largest U.S. tax case ever against an individual.

Houston tech mogul indicted for ‘largest-ever tax charge’


Adviser highlights ‘accounting irregularities’ at GP Global

Troubled commodities trader GP Global Group has “accounting irregularities” in its books, according to the restructuring adviser hired to salvage the company’s assets.

Adviser highlights ‘accounting irregularities’ at GP Global


Tax Fraud Blotter: Rough waters

Three defaults and you’re out; scheme of several years; misstep by misstep; and other highlights of recent tax cases.

Tax Fraud Blotter: Rough waters