The Latest

KPMG and IBM announced plans to apply IBM’s Watson cognitive computing technology to KPMG’s professional service offerings, with a focus on auditing services.

Only 24 percent of American consumers are satisfied with the way accounting firms handle their phone calls, according to a new survey.

The Internal Revenue Service has temporarily suspended the Identity Protection PIN tool on its website after security vulnerabilities were discovered in the service, which is intended to help victims of identity theft.

As March 8th marks International Women’s Day, a new report, titled Women in Business 2016: Turning promise into practice (based on the annual Grant Thornton survey of 5,520 businesses in 36 economies) reveals a slight increase of women in senior management positions, from 22% to 24%. Yet approximately one-third of businesses still do not have women in leadership positions.

The finance and accounting function can play a critical role in helping organizations navigate through a crisis.

The Financial Accounting Standards Board has issued an accounting standards update for private companies that opt to apply private company accounting alternatives, removing the effective dates for four of the alternatives.

John Raspante of NAPLIA discusses in this video how to screen out clients who could represent potential liability risks for your firm.

As a CPA, I deal with many types of clients’ personalities. If I choose only one type, I would not have had much of a practice. And I doubt I would have found that one perfect type too many times. I have been very fortunate to have really nice and very smart people as clients.

Prager Metis CPAs has expanded its presence on Long Island by merging in Mayer CPAs.

In a March 4 letter, the AICPA urged the U.S. Department of the Treasury and the IRS to delay the estate basis reporting due date from March 31, 2016 until May 31 due to proposed regulations covering the new reporting requirements not issued until March 2, 2016.