Outgoing IIA CEO Chambers pens book on internal auditors as change agents

Institute of Internal Auditors president and CEO Richard Chambers has released a book on disruption as a new IIA report examines how the internal audit profession is coping with COVID-19. ]] Original Article Posted at : https://www.accountingtoday.com/news/outgoing-iia-ceo-chambers-pens-book-on-internal-auditors-as-change-agents

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How data analytics can boost advisory services

Accounting firms are in a unique position when it comes to having insightful data on their clients. Too few take full advantage of that position. ]] Original Article Posted at : https://www.accountingtoday.com/opinion/how-data-analytics-can-boost-accountant-advisory-services

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Tax Fraud Blotter: Mistaken identifies

Tanked; lobby hobby; you’re not undercover, are you?; and other highlights of recent tax cases. ]] Original Article Posted at : https://www.accountingtoday.com/news/tax-fraud-blotter-mistaken-identifies

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Senators introduce bills to amend American Rescue Plan

Senate Democrats are sponsoring legislation to safeguard stimulus payments from debt collectors, while Republicans want states to be able to use funds from the new relief package for tax cuts. ]] Original Article Posted at : https://www.accountingtoday.com/news/senators-introduce-bills-to-amend-american-rescue-plan

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College accounting programs not covering emerging topics: AICPA/NASBA report

The “Accounting Program Curriculum Gap Analysis Report,” from the American Institute of CPAs and the National Association of State Boards of Accountancy, found that college programs must focus more extensively on areas such as predictive analytics and cybersecurity ahead of the 2024 CPA Exam. ]] Original Article Posted at : https://www.accountingtoday.com/news/college-accounting-programs-not-covering-emerging-topics-aicpa-nasba-report

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State and Local Tax Burdens, Calendar Year 2019

Key Findings In calendar year 2019 (the latest economic data), state-local tax burdens averaged 10.3 percent of national income. Burdens rose slightly over the previous year because tax collections modestly exceeded income growth. Taxpayers remit taxes to their home state and to other states, and about 21 percent of state tax revenue comes from nonresidents.…

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