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AICPA tells Senate corporate tax cuts should also go to small businesses
(Accounting Today) - An official from the American Institute of CPAs testified Wednesday before the Senate’s Small Business and Entrepreneurship Committee in favoring of lowering taxes for small businesses as much as corporations.
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Staffing Concerns Are Dominant Issue for CPA Firms in 2017
(CPA Practice Advisor) - Finding and retaining staff are the top issues facing CPA firms this year, and talent pool challenges are expected to have the biggest impact on public accounting practice operations over the next five years, too, new research released at AICPA ENGAGE by the American Institute of CPAs shows.
Why Betsy DeVos Will Rewrite These Student Loan Forgiveness Rules
(Forbes) - The Trump administration announced Wednesday that it will rewrite two Obama-era rules intended to protect student loan borrowers.
Weidner: Sarbanes-Oxley And The New FASB Rules On Accounting For Leases
(Tax Prof Blog) - Congress responded to the financial accounting scandals of the new millennium by enacting the Sarbanes-Oxley Act of 2002, which required the Securities and Exchange Commission (“SEC”) to study filings by issuers and report on the extent of off-balance sheet arrangements, particularly those involving leases.
Create a workplace where employees want to stay
(Journal of Accountancy) - As demand for accounting and finance professionals increases, firms of all types are facing competition not only to court top talent, but also to keep it.
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The CPA Players Present: The Empire Strikes Back