The world’s largest banks are incorrectly accounting for their swaps trades, locking up money that could otherwise be paid out as dividends to their shareholders, according to a bold new academic paper.
The world’s largest banks are incorrectly accounting for their swaps trades, locking up money that could otherwise be paid out as dividends to their shareholders, according to a bold new academic paper. READ MORE »
Every CPA is driven by different skill sets, motivations and interests. Take this 7-minute quiz and discover what you have in common with other accountants in our professional community. Are you a Balance Seeker? A Traditionalist? A Networker? An Independent? You may be surprised what you learn. TAKE THE QUIZ TODAY »
It is a widely held view that the Giant Four, with Deloitte being the largest, have the brand permission to audit the Fortune 1000. They own that space. READ MORE »
At 82 years of age, Gary Gerson of Miami, FL has a resume that reads like a CPA wishlist: Becoming the youngest CPA in the country (21 years old in 1955), heading the Navy Area Audit Office during his military fulfillment during the Korean War, head of his own firm, and the only non-athlete to be inducted into the University of Florida's Athletic Hall of Fame, to name just a few accomplishments. READ MORE »
College hoops fans will be filling in their brackets this month for the March Madness betting, but many may not be aware of the tax rules surrounding gambling wins and losses. The Illinois CPA Society has some tips from the pros who know how to make the layups. READ MORE »
The Financial Accounting Standards Board’s Emerging Issues Task Force has issued an accounting standards update to address the extinguishment of liabilities and recognition of breakage for prepaid stored-value products, such as gift cards, telephone cards and traveler’s checks. READ MORE »
The Institute of Internal Auditors Research Foundation has issued a new report offering strategies for motivating internal audit staff, including dealing with generational differences. READ MORE »
Sales tax technology vendors have been expanding their efforts to help small and midsize businesses cope with the dizzying array of tax rates and rules across states, localities and countries. READ MORE »
Former billionaire entrepreneur Samuel Wyly is “stiffing” his creditors by attempting to shield $249 million in offshore annuities and a $12 million Texas mansion in his bankruptcy, federal regulators told a judge. READ MORE »
Chrome River Technologies released the new interface Mercury, which enables secure and user-friendly travel expense management across multiple devices. READ MORE »
Here are five big things that happened in the world of technology in the past month and why they’re important for your business (and mine). Did you miss them? READ MORE »
Millennials have a very different set of priorities when deciding where they want to work than previous generations. Employers need to ensure they are tailoring their organizations in order to find and keep millennial talent. Here are some suggestions from Henner Schliebs, VP and head of finance audience marketing at SAP. READ MORE »
Addressing the Indirect Tax Challenges Facing Communications Providers, an Aberdeen Group white paper brought to you by Avalara, outlines key obstacles communications service providers face in tax management. READ MORE »
