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Month: June 2019

People on the move: UHY director receives Outstanding Asian American in Business award

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June 30, 2019
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| Tax News And Info

Marian Shaw (pictured), managing director at UHY Advisors, New York, received the Outstanding Asian American in Business award from the Asian American Business Development Center, honoring Asian American entrepreneurs, professionals and corporate executives who play a role in guiding the U.S. economy. Shaw was recognized at a gala dinner June 20, joining fellow honorees at […]

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Posted in Tax News And Info Tagged irs, tax news

Firms on the move: BNN assembles children’s bikes for annual outing

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June 30, 2019
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Gleim Exam Prep, Gainesville, announced the 45th anniversary of its CPA Exam review, which launched the self-study CPA Exam review industry in 1974 when University of Florida accounting professor Dr. Irvin Gleim made a self-study option available for accounting students preparing for the exam. Capstone Marketing, Palm Harbor, launched its Capstone Summer Series, a group […]

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Posted in Tax News And Info Tagged irs, tax news

Young CPAs: We’re looking for a few good forensic accountants

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June 30, 2019
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Is accounting “exciting”? When it comes to the different fields of accounting — public, managerial and governmental accounting, to name a few — I’d argue that there’s nothing more exhilarating in the accounting world than forensic accounting. Even the name potentially conjures up scenes from TV shows like “CSI: Crime Scene Investigation” or “Bones” and […]

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Posted in Tax News And Info Tagged irs, tax news

IMA expands diversity and inclusion efforts

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June 29, 2019
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The accounting profession is one of many struggling to adapt its workforce to reflect the changing demographics in the U.S., and the Institute of Management Accountants is working on an initiative to expand diversity and inclusion in corporate accounting and finance. The IMA has been reaching out to organizations such as the National Association of […]

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Posted in Tax News And Info Tagged irs, tax news

IRS issues proposed regs on college endowment income

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June 29, 2019
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The Internal Revenue Service proposed regulations Friday for the new 1.4 percent excise tax on the net investment income of certain private colleges and universities who are now facing taxes on their endowments under the Tax Cuts and Jobs Act. The proposed regulations involve an aspect of the 2017 tax overhaul that provoked particular consternation […]

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Posted in Tax News And Info Tagged irs, tax news

GASB proposes guidance on deferred comp plans

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June 29, 2019
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The Governmental Accounting Standards Board proposed new accounting and financial reporting guidance Friday on deferred compensation plans under Section 457 of the tax code. The proposal aims to enhance the relevance, consistency, and comparability of accounting and financial reporting by pension plans, including Section 457 plans, and by state and local governments that offer benefits […]

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Posted in Tax News And Info Tagged irs, tax news

Horne Cyber debuts Threat Runner, a malware emulation tool

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June 28, 2019
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Horne Cyber has debuted a proprietary security product for its cybersecurity clients. Threat Runner emulates an authentic malware infection on an organization’s network, exposing vulnerabilities in need of remediation without encrypting files and sensitive data. The product release comes at a time when firms are paying extra attention to cybersecurity, in the wake of several […]

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Posted in Tax News And Info Tagged irs, tax news

Global accounting ethics code goes digital

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June 28, 2019
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The International Ethics Standards Board for Accountants has introduced eCode, a web-based version of the International Code of Ethics for Professional Accountants. The digital tool includes both the ethics code and International Independence Standards with mobile app-like features and functions. The eCode provides search and navigation options, along with links to resources with contextual information […]

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Posted in Tax News And Info Tagged irs, tax news

UNLV wins 2019 IMA National Student Case Competition

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June 28, 2019
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A student team representing the University of Las Vegas’ Lee Business School department of accounting has won the Institute of Management Accountants’ annual National Student Case Competition, held this year in San Diego, for the third year in a row. The Student Case Competition challenges students to analyze a relevant case study and develop a […]

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Posted in Tax News And Info Tagged irs, tax news

Accounting Today accepting 2019 MP Elite submissions

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June 27, 2019
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We are now accepting submissions for Accounting Today‘s 2019 MP Elite report. To submit, please fill out all the questions at this link. All responses are due by Friday, July 12. The MP Elite report, which will be published in the August issue, identifies and profiles approximately a dozen of the best leaders of public […]

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Posted in Tax News And Info Tagged irs, tax news
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