AICPA proposes guidance on insurance accounting

The American Institute of CPAs’s Financial Reporting Committee released working drafts of two pieces of implementation guidance for the Financial Accounting Standards Board’s long-duration insurance contracts standard.

AICPA proposes guidance on insurance accounting


'It's not your father's firm anymore'

Transition Advisors’ Bill Carlino discusses the major factors driving change in the accounting profession — and how firms are reacting.

'It's not your father's firm anymore'


5 tips for going remote now

Firms across the United States are facing the reality of going remote quickly as COVID-19 spreads and states attempt to stem the contagion.

5 tips for going remote now


CFOs worry coronavirus may lead to global downturn

More than half of chief financial officers see the potential for a significant impact on their business operations, according to a new survey from PwC.

CFOs worry coronavirus may lead to global downturn


U.S. Chamber calls for payroll tax cut, loans to address virus

The U.S. Chamber of Commerce called Monday for a three-month cancellation of all payroll taxes paid by employers to address “a sudden and sharp drop in demand” facing businesses due to the coronavirus pandemic.

U.S. Chamber calls for payroll tax cut, loans to address virus


Art of Accounting: Clients don’t care that it is tax season

When a client has a problem or wants something from you, he or she needs your attention. Are you as responsive as you need to be?

Art of Accounting: Clients don’t care that it is tax season


Practice Ignition honors 'Top 50 Women in Accounting' in 2019

The client engagement solution provider highlighted female professionals who promote “advocacy, change and community in their workplace and beyond.”

Practice Ignition honors 'Top 50 Women in Accounting' in 2019


Treasury says coronavirus bill will support small biz with tax breaks

The U.S. Treasury will be able to support smaller businesses impacted by the coronavirus through an economic relief plan that the House passed late Friday, Treasury Secretary Steven Mnuchin said in a statement.

Treasury says coronavirus bill will support small biz with tax breaks


White House discussing allowing airlines to keep ticket tax

White House officials are discussing temporarily allowing cash-strapped airlines to keep some taxes and fees they collect from passengers as a way to help as travel plummets due to the spread of coronavirus.

White House discussing allowing airlines to keep ticket tax


Firms go remote at breakneck speed in response to coronavirus pandemic

Accounting firms across the nation are knee-deep in tax season, but now, they are also knee-deep in a crisis no one could have predicted.

Firms go remote at breakneck speed in response to coronavirus pandemic