Financial reporting

The tax prep giant reaches out to attract firms

Accountants must join the debate over virtual currencies

Are you missing great potential employees?

Indiana's DOZ keeps its staff moving

A roundup of news from around the profession from the previous month

The profession speaks out in favor of cash accounting

A roundup of technology news from the previous month

Searching for value in T&B applications

A roundup of audit and accounting news from the previous month

Ridgeland, Miss. accounting firm Horne LLP is fed up - not with a person, pesky law, or another company (thankfully). Rather, the $67 million firm is setting its sights on the formalities of accounting firm culture, going so far as producing a nearly six-minute trailer for "The HORNE Identity: Connect the Dots"; a cinematic take on Horne's anti-traditional views in a rapidly-changing workplace.

The Financial Accounting Standards Board has released a proposed 2015 GAAP Financial Reporting Taxonomy for public review and comment, containing computer-readable financial reporting labels coded in Extensible Business Reporting Language, or XBRL.

Awards, surveys and more…

Adding a set of simple sentences to your firm’s engagement letters could go a long way to making your firm safer from lawsuits, a legal expert told accountants at the Midwest Accounting Show.

Many of the biggest concerns for accounting firms in the future relate to people issues, according to Illinois CPA Society president and CEO Todd Shapiro.

New Mexico State University revealed a $15K accounting scholarship courtesy of CliftonLarsonAllen LLP, according to a recent online statement from the school.

Deloitte Analytics has announced a collaborative agreement with the University of Virginia's McIntire School of Commerce, under which it will serve a three-year term as an advisory board member for the school's Center for Business Analytics.

The Financial Accounting Standards Board has issued a new accounting standards update to provide guidance on disclosing uncertainties about a business’s ability to continue as a going concern, while further distancing U.S. GAAP from International Financial Reporting Standards.

The Securities and Exchange Commission has named James Schnurr, a former vice chairman at Deloitte, as chief accountant.

A post-implementation review of an accounting standard for state and local governments on the impairment of capital assets and insurance recoveries found that it provides important information to users, but does not resolve all the issues it was meant to address.

The Securities and Exchange Commission is bringing charges against a telecommunications equipment maker and two of its former executives for improperly recognizing as revenue over a million dollars’ worth of inventory.