High Quality Work…Great Customer Service.
Global confidence improved significantly in the third quarter of the year among accountants, despite fears of a prolonged economic recession amid the novel coronavirus pandemic, according to a survey of members of the Association of Chartered Certified Accountants and the Institute of Management Accountants. The ACCA and IMA’s latest “Global Economic Conditions Survey,” released Tuesday, […]
Blockchain fintech venture company Draper Goren Holm has debuted a $25 million venture fund for promising fintech and blockchain startups. The new fund, dubbed Fund 1, will provide seed and Series A funding to startups immediately. While Draper Goren Holm invests in companies globally, its stated focus is now more on European markets, with a […]
BDO USA is merging in Quantum Global Advisors LLC, a Chicago-based international insurance claims and valuation consulting practice, in a deal that’s expected to close on Oct. 16. The deal will add 28 professionals from Quantum, bolstering Chicago-based BDO’s Forensic Investigations and Litigation Support practice. Financial terms of the deal were not disclosed. BDO ranked […]
Corporate boards of directors are dealing with new problems in financial reporting and accounting, along with governance, amid the novel coronavirus pandemic, according to a recent survey by BDO USA. BDO’s 2020 Board Pulse Survey found that boards are making communication and transparency of financial reporting and disclosures more of a priority in the midst […]
The American Institute of CPAs has recognized eight accounting educators with its 2020 Effective Learning Strategies Awards. Co-sponsored by Grant Thornton and the Federation of Schools of Accountancy, the annual awards highlight college and university educators who have implemented unique education tools for introductory, upper and graduate coursework. Award recipients were also determined by the […]
The final regulations issued by the Internal Revenue Service on the business expense deduction for meals and entertainment reflect changes made by the Tax Cuts and Jobs Act of 2017. Generally, reform eliminated the deduction for expenses related to activities that are generally considered entertainment, amusement or recreation. These regs address the disallowance of the […]
GotTime.com; $1,600 a return; whole lotta hooch; and other highlights of recent tax cases. Jacksonville, North Carolina: Preparer Gene Hersholt Williamson II has pleaded guilty to aiding and assisting in the preparation of false returns. Williamson, who operated a local prep business between 2012 and 2018, fraudulently inflated low-income clients’ refunds by reporting fictitious Schedule […]
The unemployment rate declined by 0.5 percentage points to 7.9 percent in September, the U.S. Bureau of Labor Statistics reported Friday, as employers added 661,000 jobs, including 2,200 in accounting and bookkeeping. The labor market improvements reflected the continued economic recovery despite the novel coronavirus pandemic and efforts to contain it. However, stocks fell sharply […]
Crowe releases survey on 2020 business challenges; Katz, Sapper Miller names first non-CPA CEO; and more CPA news.
Powered by WordPress. AwesomeOne theme by Flythemes