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Accounting Firms Once Again Face Tax Season Staffing Issues
Taxation
As accountants gear up for tax season, they also gird themselves for working without enough experienced staffers, Accounting…
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TIGTA Report: Comey and McCabe Not Specifically Targeted for Audits
Taxation
Former Federal Bureau of Investigation Director James Comey and former FBI Deputy Director Andrew McCabe were not…
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FASB Wants Companies to Disclose More About Their Income Taxes
Accounting
The Financial Accounting Standards Board (FASB) has proposed a requirement for companies to provide more information on…
Read More
Conference Speakers Present NYS, NYC Tax Updates
Taxation
Two tax experts discussed relevant and recent New York state and city tax changes at the Foundation for Accounting…
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Report: Audit Committees Increasingly Disclose Oversight Related to Cybersecurity and ESG
Auditing
Audit committees are increasingly including disclosures about oversight related to cybersecurity and to environmental,…
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TIGTA Lauds IRS for Ransomware Protections
Taxation
A Treasury Inspector General for Tax Administration (TIGTA) report found that the IRS had effective controls in place to…
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For CFOs, Fourth Quarter Can Be Best Time for Year-End Cleanup
Accounting
Chief financial officers need to look beyond preparing for fourth quarter reports at this time of year and use the time for…
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GAO Report Notes IRS Lag in Addressing Tax Gap
Auditing
A new Government Accountability Office (GAO) report has faulted the IRS for not implementing certain recommendations for…
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Some Auditors May Reexamine Their Crypto Clients in Wake of FTX Collapse
Auditing
Some auditing firms are reevaluating their work in the wake of the spectacular collapse of FTX, and those reevaluations will…
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