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San Ramon, California-based accounting firm and value-added reseller Armanino has established a risk assurance and advisory services practice. The new service line will offer risk and compliance solutions, including SOC 1, 2 and 3 audit compliance, ISO 27001, internal audit, SOX 404 and HITRUST certification. Its strategic advisory capability includes business continuity, cybersecurity and privacy […]
Industry accountants see accounting software and online bookkeeping software as the technologies that will have the greatest impact on the profession in the next five years. Closely following these are data analytics and cloud solutions. Security, however, takes a back seat. This data was compiled from a survey conducted by BlackLine, which attempted to find […]
Two teams representing the University of Nevada, Las Vegas Lee Business School and its department of accounting competed in the final round of the Institute of Management Accountants’ annual National Student Case Competition in Indianapolis on June 17, and one of them ultimately won the competition. UNLV competed against teams from Texas State and Wright […]
Accounting firms often hear about the promise of data analytics and leveraging “big data” to drill down for insights to help their business clients. However, many smaller accounting firms don’t have access to such technology, not to mention data scientists, analysts and researchers, to help their small business clients analyze vast databases to find ways […]
The Illinois CPA Society said Thursday it has awarded $76,000 in tuition and textbook scholarships to 39 deserving accounting students in the state, as part of the Society’s Accounting Scholarship Program. Finance by contributions from the CPA Endowment Fund of Illinois, the Scholarship Program looks to recognize accounting students who demonstrate strong academic and leadership […]
Thomson Reuters Checkpoint Catalyst has published an analysis of the new Section 199A qualified business income deduction for pass-through entities ushered in by the Tax Cuts and Jobs Act. Section 199A permits non-corporate owners of sole proprietorships, S corporations, and partnerships a deduction of up to 20 percent of their net qualified business income from […]
Deloitte CEO Cathy Engelbert hasn’t been nominated for a second four-year term at the firm, as typically occurs. An email sent to partners at the Big Four firm informed them Engelbert hadn’t been renominated, according to The Wall Street Journal. Engelbert was elected in 2015 to lead the firm, making her the first woman CEO […]
The Internal Revenue Service has been leading the charge on cryptocurrency investigations, with more on the way now that it has access to information from at least 14,000 customers of Coinbase, one of the largest virtual currency exchanges, after a protracted court battle. Few taxpayers currently report their transactions in cryptocurrencies like Bitcoin and Ethereum. […]
The consultants at ConvergenceCoaching work with countless accountants and business experts every year – and whenever they hear of a book that’s had an impact, they add it to their growing list of useful reads that they recommend. When co-founder Jennifer Wilson offered to share the list with our readers, we jumped at the chance […]
CFOs are feeling good about the economy overall, according to a new survey by Deloitte, although they expressed concerns about trade policy and geopolitics. Deloitte’s CFO Signals survey for the second quarter found that 94 percent of CFOs rated current conditions of North America’s economy as good, a new high for the quarterly survey, while […]
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