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Month: April 2018

Product News: Workiva helps City of Rochester organize CAFR process

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April 14, 2018
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Workiva helps City of Rochester organize CAFR process Workiva has snagged the the city of Rochester, N.Y., as a client. The city government will be using Workiva’s Wdesk software to improve its Comprehensive Annual Financial Report process. Prior to using Wdesk, Rochester’s deputy director of finance Rosiland Brooks-Harris and her team built the city’s narrative […]

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Posted in Tax News And Info Tagged irs, tax news

Don’t be a numbers person: Be a ‘complexity filter’ for your clients

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April 13, 2018
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That iPhone in your pocket is more powerful than the mainframe computers NASA used to put a man on the moon in 1969. We have more information at our fingertips than is housed in the Library of Congress. And it’s on every device we own, available everywhere we go. We’re bombarded with more and more […]

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Posted in Tax News And Info Tagged irs, tax news

University of Arizona wins Deloitte’s 2018 ‘Audit Innovation’ competition

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April 13, 2018
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Deloitte and the Deloitte Foundation held the 2018 National Audit Innovation Campus Challenge at Deloitte University in Westlake, Texas April 6-7, with a team representing the University of Arizona and its Eller College of Management taking home first place for its submission centered on a “recommendation to enter the market of auditing corporate sustainability reports […]

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Posted in Tax News And Info Tagged irs, tax news

CAQ helps boards manage cybersecurity risk

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April 13, 2018
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The Center for Audit Quality has released a tool to help members of the boards of public companies oversee cybersecurity risk management in their organization. The publication, Cybersecurity Risk Management Oversight: A Tool for Board Members, offers questions that board members can use as they discuss cybersecurity risks and disclosures with management and CPA firms. […]

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Posted in Tax News And Info Tagged irs, tax news

Accountants to Watch: Mel Power

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April 12, 2018
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With all the talk in the accounting profession of changing firm cultures and business practices, The Revolutionary Firm, founded by Mel Power and Steve Major, is offering a clear vision that looks to radically transform both small businesses and the accountants/bookkeepers who serve them. If you couldn’t tell from the name, the program and its […]

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Posted in Tax News And Info Tagged irs, tax news

IRS chief says tax season has gone well as agency girds for new tax law

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April 12, 2018
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Internal Revenue Service acting commissioner David Kautter told lawmakers Thursday that the tax season has gone well and described how the IRS is preparing to release draft versions of tax forms, instructions and guidance for the new tax law over the next few months. “I am pleased to report that the 2018 filing season, which […]

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Posted in Tax News And Info Tagged irs, tax news

IFAC estimates fragmented regulations cost $780B

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April 12, 2018
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The International Federation of Accountants is challenging the fragmented state of financial regulations around the world, claiming it is dampening economic growth. In partnership with a group called Business at OECD, IFAC surveyed more than 250 regulatory and compliance leaders from major global financial institutions for a new report on regulatory divergence that it released […]

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Posted in Tax News And Info Tagged irs, tax news

ACL wins awards for strategy, compliance and audit

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April 11, 2018
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ACL, which provides software to address risk, fraud and performance, has won three awards recognizing its achievements in strategy and performance management, compliance management and audit management. The prizes were presented by research company GRC 20/20 at the 6th Annual GRC Innovation Awards, which recognize technology innovations and user experience in governance, risk management, and […]

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Posted in Tax News And Info Tagged irs, tax news

Financial Planning Association announces ‘Diversity Scholarship’ recipient

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April 11, 2018
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The Financial Planning Association announced on Wednesday that Alvin Carlos, co-founder and CEO of District Capital Management in Washington, D.C., has been awarded the FPA Retreat 2018 Diversity Scholarship, which looks to highlight professionals promoting diversity in the financial planning field. Carlos is a member of the FPA if the National Capital Area and volunteers […]

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Posted in Tax News And Info Tagged irs, tax news

IRS restructuring act must address needs of tax pros: NATP

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April 11, 2018
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Fotolia Recently proposed legislation to reform the Internal Revenue Service “must consider the unique needs of the tax professional in serving taxpayers,” according to the National Association of Tax Professionals. “There is still a gap that exists between the current draft and where we believe the bill should be to effectively address the needs of […]

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Posted in Tax News And Info Tagged irs, tax news
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