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James Schnurr, the recently appointed chief accountant at the Securities and Exchange Commission, had an intriguing suggestion recently: why not allow U.S. companies to use International Financial Reporting Standards on a voluntary basis as a supplement to their U.S. GAAP financial statements?
January 2 -
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Regulation of the CPA profession in the U.S. needs a transformation. Mind you now, not a changea transformation. Yesa major overhaul.
January 2 -
Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.
January 2 -
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Accounting Today is in the midst of compiling its annual lists of the Top 100 Firms and Regional Leaders, and is looking for more top-notch accounting firms to consider.
January 2 -
Top 100 Firm CliftonLarsonAllens Gordy Viere has handed over his role as CEO to Denny Schleper. Viere will remain as the chief officer of wealth advisory for the firm in 2015.
January 2 -
Tax professionals are looking forward to a better tax season this year, according to a recent survey or at least one thats no worse.
January 2 -
The Internal Revenue Service reportedly sent over 2,500 letters last month to tax preparers warning about potential errors that the IRS spotted on the Schedule C they filed for their sole proprietor business clients.
January 2 -
Daily Journal Corp., the publisher that counts billionaire Charles Munger as chairman, said it will restate some financial results after hiring a new auditor this year.
January 2

