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The Party’s Over! Businesses Can’t Write Off Entertainment Expenses Under New Tax Law
(Market Watch) - Forget floor seats to a Lakers game or front-row Beyoncé tickets on another company’s dime. Under the new tax law, businesses can’t deduct most entertainment expenses anymore.
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Big Four Increase Audit Fees as Tenure Grows
(Accounting Today) - Big Four audit fees increase on average by 13 percent between the first year and the second, according to the new study, by about 22 percent between the first year and the third.
Using Windows 10’s New Screenshot Tool: Clips and Annotations
(How-to-Geek) - Windows 10’s Redstone 5 update brings a modern screenshot tool to Windows 10. A new keyboard shortcut lets you screenshot part of your screen, and add annotations.
Reporting on Audits Conducted Under Dual Standards
(CPA Journal) - As noted by the PCAOB in its Release 2017-001: “there are situations in which an auditor may be required by law or regulation, or voluntarily…
Cash-Rich Companies Set Record for Buybacks
(NY Times) - Companies repurchased $178 billion of shares during the first quarter, up more than 42 percent from the same period in 2017, according to S.&P. Dow Jones Indices.
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