Accounting June 28, 2025
Nominations Open for 2025 Innovation Awards
The Innovation Awards highlight technologies that are shaping the profession and small businesses through increased collaboration and productivity.
July 10, 2018
Squire & Company, PC Combines with Salt Lake City-based Pinnock, Robbins, Posey & Richins, P.C.
Squire, located in Orem, Utah, and PRPR, located in downtown Salt Lake City, together will offer new expertise to both companies’ client rosters, enabling the combined company to offer new and existing clients across several sectors a broadened ...
July 5, 2018
A.I., Machine Learning, Cognitive Computing As Profession’s Top Technology Hard Trends For 2018 – Part 2
Artificial intelligence, machine learning, and cognitive computing in audit and tax are the top trends that will impact the accounting and finance world over the next three years, according to research conducted by the Maryland Association of CPAs, ...
July 3, 2018
The New Postcard Size IRS Form 1040 for 2019
The Internal Revenue Service has released a prototype of the new Form 1040 that hundreds of millions of Americans use to file their annual taxes. The new "postcard sized" form will be used for the 2018 income tax year, which most Americans will file ...
July 3, 2018
Withum Names Three New Partners
The large national accounting firm WithumSmith+Brown has announced the promotion of three senior managers to the position of partner. Ryan Babiak, Joseph Cassano and Shawn P. Gillon are the newest partners to join the firm’s growing corporate leadership team, effective July 1, 2018. New partner bios can be viewed here. “Ryan, Joe and Shawn represent...…
June 28, 2018
AICPA Welcomes SEC Adoption of Rule Requiring Use of Inline XBRL
The iXBRL specification is used by millions of companies around the world to report their financial information. Based on discussions with companies implementing and using iXBRL, the AICPA believes that the use of iXBRL by filers will ...
June 28, 2018
65% of Small Businesses Fail to Act Following Cyber Security Attack
Once bitten, twice (thrice or more) shy? Unfortunately, of the businesses that reported having a cyber attack, 44% of them said they "had been attacked two, three or four times."
June 26, 2018
CFO 2.0: Going Beyond the Finance Function
Assuming roles outside of the finance function is of increasing importance for CFOs. From reporting tools to automation opportunities, CFOs are learning to roll with the punches with a host of new technologies coming online.
June 26, 2018
Automation In An Increasingly Complex SMB Tax World
Even before Quill was overturned, jurisdictions were constantly readjusting their tax strategies to close the tax gaps generated by digital transformation and evolving business models. This means tax requirements are always changing, creating ...
June 25, 2018
What’s the Future for Financial Statements in the Digital World?
Audited financial statements are a key underpinning of our financial markets. But are they still relevant in a digital world in which reams of information can be synthesized and analyzed for insight?
June 25, 2018
TaxSlayer Launches Workful – New Small Business Suite with Payroll, HR and Point of Sale
Workful’s two main offerings are a payroll manager and an HR manager, with a point of sale (POS) system soon to join. With the payroll tool, company managers can easily automate payroll for employees by syncing with their employee’s timesheets, ...
June 25, 2018
HR Departments Focusing on Engagement and Company Culture
The Paychex report also showed a commitment to talent management, as 85% of respondents said they’re focusing on company culture to drive results, and 77% feel their current HR technology solution is improving overall employee experience.
June 25, 2018
Are Grants Subject to Revenue Recognition?
Revenue recognition brought to light a diversity of practice in the way that nonprofit organizations and funders classified grants and contracts from federal, state and local governments and other funding sources such as foundations in the financial ...