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The Educational Foundation of the Georgia Society of Certified Public Accountants has announced its scholarship recipients for the 2018-19 academic year. Worth $1,000-$5,000 each, this year’s scholarships went to 51 accounting students representing 13 universities and colleges across the state for a total of $114,200. An additional $3,000 was granted by GSCPA chapters for “institutional […]
People don’t have a problem finding information these days. It’s everywhere. They have a problem applying that information to their business and personal live and making it useful. As a CPA, that’s what clients are paying you for. But are you delivering knowledge and wisdom when you send clients a completed tax return or updated […]
The Internal Revenue Service has revised the Form 1040-ES and instructions to help taxpayers and their tax practitioners prepare for the changes ahead in the wake of the recently enacted Tax Cuts and Jobs Act. The IRS reminded taxpayers Friday that the first quarterly estimated tax payment is due on Tuesday, April 17, the same […]
Federal regulators on Friday issued a proposed that would give banks three years to retain capital against credit losses in accordance with a new accounting policy. The Fed said in a statement that the changes would give banks three years to assess their regulatory capital needs with respect to a new accounting policy issued by […]
Vague disclosures by public companies in the footnotes to their financial statements about how much they’re paying in taxes don’t appear to be deterring investors, according to a new academic study. The study, by Kerry K. Inger of Auburn University, Michele D. Meckfessel of the University of Missouri – St. Louis, Mi Zhou of Virginia […]
As tax season wraps up and many professionals look to offset the stress caused by the busiest time of the year, two Nashville staff members from Top 100 firm LBMC have found solace in an unlikely outlet: fiddle lessons. Abby Parsons, a senior in the firm’s middle-market manufacturing audit division, and Hannah Horton, an audit […]
Ernst Young and insurance giant American International Group have signed a global tax compliance and technology operating agreement that includes a combination of managed tax services with the transfer of some AIG employees to the Big Four firm. As part of the deal, members of AIG’s global tax compliance and tax technology teams are being […]
Workiva helps City of Rochester organize CAFR process Workiva has snagged the the city of Rochester, N.Y., as a client. The city government will be using Workiva’s Wdesk software to improve its Comprehensive Annual Financial Report process. Prior to using Wdesk, Rochester’s deputy director of finance Rosiland Brooks-Harris and her team built the city’s narrative […]
That iPhone in your pocket is more powerful than the mainframe computers NASA used to put a man on the moon in 1969. We have more information at our fingertips than is housed in the Library of Congress. And it’s on every device we own, available everywhere we go. We’re bombarded with more and more […]
Deloitte and the Deloitte Foundation held the 2018 National Audit Innovation Campus Challenge at Deloitte University in Westlake, Texas April 6-7, with a team representing the University of Arizona and its Eller College of Management taking home first place for its submission centered on a “recommendation to enter the market of auditing corporate sustainability reports […]
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