KPMG offers performance enhancement platform for midsized companies

The platform is built to unify processes, tech platform and application support in one SaaS service.

KPMG offers performance enhancement platform for midsized companies


The accountant's role in recovery

Accountants are looking cautiously at the prospects for reopening the economy, shares Ohio Society of CPAs president and CEO Scott Wiley — and they have an important part to play in that.

The accountant's role in recovery


FASB delays rev rec and leases standards in response to coronavirus

The board voted Wednesday to give private companies and not-for-profit organizations an extra year to comply with the revenue recognition and leases standards.

FASB delays rev rec and leases standards in response to coronavirus


IRS increases HSA limits for 2021

The Internal Revenue Service issued its annual inflation adjustment Wednesday for health savings accounts for 2021, at a time when many taxpayers are worried about their health in the midst of the novel coronavirus pandemic.

IRS increases HSA limits for 2021


MSCPA awards educational scholarships to 37 local students

The Massachusetts Society of CPAs awarded a record $146,500 in scholarships as part of its Educational Foundation Scholarship Program.

MSCPA awards educational scholarships to 37 local students


Changes to changes: Financial planning after the CARES Act and the SECURE Act

Both pieces of legislation have caused sweeping changes to retirement planning and wealth management.

Changes to changes: Financial planning after the CARES Act and the SECURE Act


Why CPA firms should leverage RPA during a pandemic

With the world going through a recession, stakeholders and investors of client companies will lean on accounting firms more than ever to maintain trust and confidence in their companies.

Why CPA firms should leverage RPA during a pandemic


Virus accounting maneuvers criticized by European authorities

Europe’s top markets watchdog is warning companies against getting creative with financial statements that obscure the effect of the coronavirus pandemic on their bottom line.

Virus accounting maneuvers criticized by European authorities


SEC charges three former KPMG partners for exam misconduct

The Securities and Exchange Commission announced Tuesday settled charges against three former KPMG audit partners for sharing answers to internal training exams.

SEC charges three former KPMG partners for exam misconduct


PwC sued by Matalan founder over Monaco move tax advice

The founder of U.K. discount retailer Matalan Plc is suing PricewaterhouseCoopers over claims he lost as much as 135 million pounds ($165 million) by relying on advice the accounting firm gave him when he moved to Monaco 20 years ago.

PwC sued by Matalan founder over Monaco move tax advice