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August 7, 2019

DAILY BRIEFING

By Tony Klimas 6 min read

A few intrepid visionaries posit the development of public company platforms that give investors a daily glimpse of each entity’s financial performance, making the quarterly estimate obsolete.

Artificial intelligence used to audit expenses

By Michael Cohn 4 min read

Most enterprises that don’t use artificial intelligence only audit up to 10 percent of their spending, according to a new report.

FICPA names 2019-2020 'Emerging Leaders'

By Sean McCabe 2 min read

The Florida Institute of CPAs recognized 27 top young professionals across the state.

The IRS is intensifying ACA enforcement efforts

By Joanna H. Kim-Brunetti 4 min read

Accountants may see some of their business clients getting caught up this summer in IRS activities to enforce the Affordable Care Act.

Bags stuffed with cash add to pressure for cannabis banking law

By Elizabeth Rembert 7 min read

The Internal Revenue Service has built “cash rooms” to receive federal taxes paid by marijuana companies.

Ex-HSBC banker pleads guilty in $1.8B French tax case

By Gaspard Sebag 3 min read

The former chief executive officer of HSBC Holdings Plc’s Swiss private bank pleaded guilty to helping wealthy clients hide assets worth at least 1.6 billion euros ($1.8 billion) as French prosecutors flex their muscles to tackle white-collar crime.

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Denmark says explosion at tax agency clearly a deliberate act

By Christian Wienberg and Nick Rigillo 2 min read

Danish police are investigating an explosion that ripped through the country’s national tax agency late on Tuesday, in what authorities are characterizing as a deliberate act.

Illinois firm participates in local triathlon

By Sean McCabe 3 min read

Nine staff members from Illinois accounting firm Lauterbach & Amen trained for and completed their first triathlon as a firm.

In the blogs: Really big shows

By Jeff Stimpson 3 min read

French lessons; our tax system, by the numbers; return of the 1099-NEC; and other highlights from our favorite tax bloggers.

Product News: Anaplan names new chief growth officer

By Ranica Arrowsmith

Anaplan hires Mark Anderson from Palo Alto Networks, WorkFusion gets SAP certification, and Countingup expands in the U.K.

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