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KPMG LLP has begun construction on a $400 million, 55-acre facility for learning, development and technology innovation in Orlando, Florida. KPMG announced plans in January to construct the facility within Orlando’s Lake Nona community. The campus will include 800,000 square feet of space for classrooms, meeting rooms, residences and dining. KPMG hopes to complete construction […]
The American Institute of CPAs presented its budget and finances at its Spring Meeting of Council in Washington, D.C., on Monday as the organization undergoes a transformation into an international association with the Chartered Institute of Management Accountants. Eric Hansen, chair of the AICPA’s Audit Finance Committee, provided a summary of the financials for the […]
“The first step is to establish that something is possible, then probability will occur.” The tech and business giant Elon Musk may not have been talking about leveraging large client relationships when he made this observation, but it resonates beautifully. Not only is it possible and probable to boost firm revenue by focusing on the […]
The House Ways and Means Oversight Subcommittee held a hearing Friday featuring National Taxpayer Advocate Nina Olson to discuss how to improve operations at the Internal Revenue Service as Congress works on overhauling the tax code. “It has been nearly two decades since Congress last reviewed and updated the laws governing IRS operations,” Olson said […]
Accountants and tax professionals are responsible for a vast amount of their clients’ financial information – and as hackers proliferate and become more sophisticated in the methods they use to steal that information, it’s more important than ever to protect it. With that in mind, Nastassja Tejada, head of sales in the Accountant Advisor Program […]
HR Block Inc. announced that general counsel and chief administrative officer Tom Gerke will take over as interim chief executive officer to replace Bill Cobb, who plans to step down in July. The biggest U.S. tax-preparation firm hired recruiters to help find a permanent replacement, Kansas City, Mo.-based HR Block said in a statement. Cobb, […]
May is Internal Audit Awareness Month. On the off chance that didn’t make it onto your calendar, I’d like to make the case that rethinking internal audit’s potential is time well spent. While traditional internal assurance remains important, a modernized, agile internal audit function stands to add significant value to your organization. The pace of […]
The Internal Revenue Service is pilot testing a new program for conducting correspondence examinations of taxpayers using secure messaging technology that will also include their tax practitioners who have power of attorney. In an email to tax professionals Friday, the IRS said it plans to invite approximately 8,000 taxpayers who are undergoing correspondence examinations to […]
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