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The leaders of the Senate Finance Committee issued three summary reports from their internal task forces examining what to do about the perennial problem of temporary tax breaks that need to be extended every few years. Even though the PATH Act of 2015 and the Tax Cuts and Jobs Act of 2017 were supposed to […]
Companies doesn’t need to be haunted by ghost assets. And yes, ghost assets are very real and can have a scary impact on the bottom line. What is a ghost asset, you ask? Well, it’s a fixed asset in a general ledger that cannot be accounted for because it is physically missing or otherwise rendered […]
The American Institute of CPAs and the National Association of State Boards of Accountancy have teamed up on a new initiative to protect professional licensing for CPAs, while also making strides on a related effort to update the CPA licensure and examination process with more advanced technology skills to meet the changing needs of businesses […]
Auditing firms that tend to find material weaknesses in companies’ internal controls are seen as less attractive in the audit market, according to a new study. The study, by Stephen P. Rowe and Elizabeth N. Cowle of the University of Arkansas, looked at 13 years of data from 885 local offices of 358 audit firms […]
HMWC CPAs HMWC CPAs Business Advisors, Tustin, completed its 41st annual “Death March” team-building hiking trip, which this year took place in the Big Sur region of the central California coast. The multi-day event featured a variety of hikes adding up to more than 15 miles. BlackLine, Los Angeles, introduced a new tiered program for […]
Mazars USA Top 100 Firm Mazars USA held its fifth annual Days of Service on May 29, June 7 and June 18. The annual volunteer effort devotes a full work day to assisting local service organizations. The Days of Service initiative is part of the firm’s “We Are Mazars” philanthropy program. More than 500 staff […]
Jennifer Warawa, a senior leader at Sage who had been with the company for more than a decade, most recently serving as head liaison for accountants and partners of the accounting software provider, has left the company. Warawa was most recently executive vice president of partners, accountants and alliances for Sage, a role she has […]
Artificial intelligence, the Internet of Things (IoT) and virtual reality are just a few of the technologies changing how we live, work and play. Demystified, the emerging technologies pose great opportunities — but only if we are open to new ways of thinking, developing new skills and leveraging new business models. The pace of change […]
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Vaco, a global talent and solutions firm, has acquired MorganFranklin Consulting, a firm that provides accounting, technology, consulting and other professional services, creating a combined $750 million professional services firm. MorganFranklin is based in the Washington, D.C., area and has regional offices in Atlanta, New York, San Francisco and Los Angeles, while serving clients around […]
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