Accounting
Audit committee chairs concerned about ‘over-auditing’
The chairs of corporate audit committees want to hear more regularly from auditors, but they’re also concerned about “over-auditing” and “over-documentation,” according to the Public Company Accounting Oversight Board. Original Article Posted at : https://www.accountingtoday.com/news/audit-committee-chairs-concerned-about-over-auditing
Read MoreAnother Way to Target Pandemic Relief Payments: Help Those Who Were Financially Hurt the Most In 2020
Some Senate Republicans say they want to scale back President Biden’s proposed $1,400 relief payments. Last week, my Tax Policy Center colleague Howard Gleckman proposed…
Read MoreValue-added Taxes in the Pandemic
Revenues from Value-added Taxes (VAT) make up a significant share of total tax revenues for many countries. Among OECD countries with a VAT, 21 percent of revenues come from that tax alone. The COVID-19 crisis has impacted tax policies in several ways, and VAT have also been affected both by reduced revenues, temporary carveouts and…
Read MoreArt of Accounting: 142 free checklists for tax season and more
There are many more checklists for accountants in the industry. Original Article Posted at : https://www.accountingtoday.com/opinion/art-of-accounting-142-free-checklists-for-tax-season-and-more
Read MoreAI-driven AP provider Roger acquired by Fleetcor
The COVID-19 pandemic has accelerated cloud adoption in the accounting profession, which has in turn been a boon to AI companies whose software has also been given a boost by the mass move to the cloud. Original Article Posted at : https://www.accountingtoday.com/news/ai-driven-ap-provider-roger-acquired-by-fleetcor
Read MoreEU calls $15.7B Apple tax ruling ‘contradictory’
The European Union is seeking to overturn Apple Inc.’s victory in a 13 billion-euro ($15.7 billion) tax dispute, saying judges used “contradictory reasoning” when they found that the company’s Irish units weren’t liable for huge payments. Original Article Posted at : https://www.accountingtoday.com/articles/eu-calls-15-7b-apple-tax-ruling-contradictory
Read MoreBiden’s promised $1,400 checks are even dividing the White House
Even within President Joe Biden’s White House, there’s debate about how to meet his promise to issue Americans another $1,400 each in stimulus checks. Original Article Posted at : https://www.accountingtoday.com/articles/bidens-promised-1-400-checks-are-even-dividing-the-white-house
Read MoreTom Hood leaves MACPA for Association
The Association of International Certified Professional Accountants has also acquired MACPA’s Business Learning Institute. Original Article Posted at : https://www.accountingtoday.com/news/tom-hood-leaves-macpa-for-association
Read MoreBoomer’s Blueprint: Listen to the technology
As firm leaders develop their vision and future IT roadmaps, they must think differently to sustain success and remain future-ready and relevant. Original Article Posted at : https://www.accountingtoday.com/opinion/boomers-blueprint-listen-to-the-technology
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