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As 2017 draws to a close, the uncertain tax and legislative environment means that year-end tax planning is more important than usual. To help individuals and businesses prepare for filing season, Grant Thornton LLP has some tips.
CPA firms aren’t just merging with other CPA firms any more – they’re scouting out practices in HR, IT, engineering, financial planning and many other areas, according to Transition Advisors’ Bill Carlino.
Accountants too often shoot themselves in the foot when it comes to talking to clients about fees, and Inovautus Consulting’s Sarah Johnson Dobek encourages them not to be afraid to stand up for themselves and their value to make these conversations less awkward.
Relatively few public companies have been telling investors what impact they can expect to see from the revenue recognition accounting standard that takes effect next month, according to a new study from the CFA Institute.
Big Four firms in the United Kingdom should be subject to fines of 10 million pounds ($13.2 million) or more for seriously poor audit work, according to an independent review by the U.K.’s Financial Reporting Council.