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Schneider Downs, a Pittsburgh-based firm, now offers Microsoft Dynamics 365 for Financials to its clients. The platform is a cloud-based business management solution for small to mid-sized businesses that launched earlier this year. This adds to the firm’s MS offerings which include Dynamics NAV and Dynamics GP. Microsoft Dynamics 365 for Financials is designed to […]
KPMG announced on Thursday that the firm is joining international charity organization WE and U.S. Olympic Gold Medalist Laurie Hernandez to promote literacy initiatives across the country. KPMG and WE will look to hold “WE Day” events for young people in the U.S. to promote literacy in their communities. Hernandez is set to serve as […]
Some companies across the country may have experienced receiving exchange notices from the health insurance marketplace informing them they may have failed to comply with the Affordable Care Act. These notices, if not addressed, could lead to a potential audit of a company’s ACA compliance by the Internal Revenue Service—regardless of what happens with the […]
Reality TV star Michael “The Situation” Sorrentino and his brother Marc are facing more tax evasion charges in a long-running case. The U.S. Justice Department’s Tax Division in New Jersey announced the additional charges Friday against the former star of the MTV reality series “Jersey Shore” and his brother. The Sorrentino brothers were originally indicted […]
The Internal Revenue Service said Thursday it would offer toll-free telephone service for taxpayers on the last two Saturdays of tax season. The IRS’s toll-free telephone lines at (800) 829-1040 will be open April 8 and 15, from 9 a.m. to 5 p.m. (callers’ local time). The tax deadline this year is Tuesday, April 18, […]
Deloitte and the Deloitte Foundation recently hosted the 2017 National Audit Innovation Campus Challenge at Deloitte University in Westlake, Texas. Students from Morehouse College ultimately took home first place with their idea of an application that automates the audit risk assessment process. Deloitte’s annual competition gives students the chance to apply their knowledge by solving […]
Investors are increasingly relying on nonfinancial performance information, including disclosures by companies about their environmental, social and governance practices, to make their investing decisions, according to a new survey by Ernst Young. EY’s Climate Change and Sustainability Services practice polled more than 320 institutional investors, including portfolio managers, equity analysts, chief investment officers and managing […]
Internal audit departments are increasingly relying on data analytics technology and hiring more people who have sophisticated data analysis skills, according to a new survey. The survey, by the consulting firm Protiviti, polled more than 900 internal audit professionals and found that 73 percent of those whose organizations perform analytics said demand for data analytics […]
Class-action securities lawsuit filings alleging accounting wrongdoing rose 33 percent to 93 last year, the highest level since 2008 and the fourth consecutive annual increase, according to a new report, while settlement values for accounting-related cases reached their highest level of the past nine years. The annual report, from Cornerstone Research, found an unprecedented number […]
Rep. Lloyd Doggett, D-Texas, and Sen. Sheldon Whitehouse, D-R.I., have introduced legislation to discourage the use of corporate tax havens. The Stop Tax Haven Abuse Act, backed by more than 50 other lawmakers, and the Corporate EXIT Fairness Act would close offshore tax breaks that encourage companies to shift jobs and profits to foreign countries. […]
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