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Unit4, which makes cloud ERP software, has released the latest version of its financial planning and analysis software, adding artificial intelligence-powered forecasting and planning functionality.Unit4’s new tool, Smart Forecaster, extends forecasting ability to business users across the enterprise. The tool uses historic data combined with influence factors and scenarios. Also new is the Solution Builder, […]
Deloitte, New York, was named one of the World’s Best Workplaces for 2020, ranking No. 22 on this year’s list. EY, New York, announced Chandra Pemmasani, founder and CEO of UWorld, was selected winner of the EY Entrepreneur of the Year Southwest Region Award, presented to entrepreneurs and leaders of high-growth companies from North Texas, […]
The Securities and Exchange Commission voted Friday to adopt amendments to its longstanding auditor independence requirements, relaxing restrictions on relationships between auditors and their clients as part of a deregulatory push by the SEC in recent years. The SEC said the amendments to Rule 2-01 of Regulation SX would “modernize the rules and more effectively […]
Accountants and tax professionals have been helping their small business clients deal with the economic fallout from the COVID-19 pandemic, shifting away from their routine compliance work after the end of the prolonged tax season. “We’ve been helping our customers for quite a few years make a transition from being purely compliance focused to being […]
The Internal Revenue Service is giving taxpayers until the end of the year before it stops its temporary procedures for faxing in Forms 1045 and 1139 for claiming tentative tax refunds, instead of mailing them, which it has allowed as part of its response to the COVID-19 pandemic. In April, the IRS began allowing taxpayers […]
James Kaiser, a member of the Public Company Accounting Oversight Board since 2018, is leaving the PCAOB and will be replaced by chief auditor Megan Zietsman in another sign of turmoil at the group overseeing auditing standards and audit firm inspections. Kaiser was one of a group of all new board members brought to the […]
The American Institute of CPAs Foundation has announced the recipients of its first annual CPA Exam Scholarship. Fifty CPA Exam candidates received scholarships. The CPA Exam Scholarship, worth $1,500 each, is awarded to a minimum of 50 AICPA Student Affiliate members or U.S. AICPA CPA Exam Candidate Affiliate members to reimburse exam-related fees and prep […]
Accounting firms Crowe LLP and BKD LLP released year-end tax-planning guides Wednesday, during a time of great uncertainty over future tax changes in the midst of the novel coronavirus pandemic and the upcoming election. Crowe’s Tax Planning: 2020 Year-End Guide discusses a number of issues, including recent legislation passed in Congress in response to COVID-19, […]
J. Robert Brown, a member of the Public Company Accounting Oversight Board, heavily criticized recent moves by the PCAOB to strip down its research and standard-setting agendas without proper consultation, in an unusual public statement after a series of upheavals at the board. The statement, dated Oct. 13, pointed to the publication last month by […]
For the first time, the IRS is adding barcode technology to notices sent to millions of taxpayers. Starting this month, CP14 and CP14 IA balance-due notices that inform taxpayers that they owe money on unpaid taxes and their payment options are now equipped with QR barcodes to help those taxpayers securely and easily navigate IRS.gov. […]
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