FASB revises proposed standard for balance sheet debt classifications

The board is amending its guidance for determining whether debt should be classified as a current or noncurrent liability in a classified balance sheet, in response to input from private companies.


AICPA names 2019-2020 Legacy Scholarship recipients

The American Institute of CPAs announced the 129 students who will be splitting a total of $666,000 in academic scholarships.


MGO acquires Schwartz & Co.

Macias Gini & O’Connell, based in Los Angeles, is expanding its presence in New York.


Audit committees making more disclosures

Public companies and their audit committees are revealing far more about their auditing firms, audit fees and audit partners this year, according to a new report from Ernst & Young.


Unclaimed property rules can apply to lost cryptocurrency

The deadline is approaching soon for many businesses to file their reports on unclaimed property, and now they might want to include lost bitcoins and forgotten cryptocurrency passwords.


K2 Enterprises recognizes top tech products

K2 Enterprises’ annual Quality Awards are given to accounting technology products that display innovation.


Problem solvers: How to offer tax resolution services

Practitioners share how — and why — they help clients handle issues with tax authorities.


Marcum sanctioned by PCAOB for promoting audit clients as investment opportunities

Marcum and Marcum Bernstein & Pinchuk plugged some of their clients at investor conferences in violation of auditor independence requirements.


Digital transformation: How technology can improve company oversight and efficiency

Traditional oversight measures often lack the capability to supervise large quantities of assets.


Meet the 2019 Best Small Firms to Work For

An introduction to the members of Accounting Today’s annual ranking of the top workplaces in the profession.