IRS sends second round of warnings to cryptocurrency investors
| AICPA honors three with education awards | | By Sean McCabe 2 min read | | The American Institute of CPAs recognized three members of academia for their contributions to accounting education at the American Accounting Association annual meeting in San Francisco. | |
| GASB offers implementation guide on lease accounting | | By Michael Cohn 1 min read | | The Governmental Accounting Standards Board has released questions and answers about the recent standard on accounting and financial reporting for leases by state and local governments. | |
| FASB issues proposal to delay new standards | | By Michael Cohn 2 min read | | The board wants to give private companies, nonprofits, and certain small public companies extra time to implement new standards on CECL, leases and hedging. | |
| Non-accountants comprise 31% of new hires in firms: AICPA | | By Sean McCabe 3 min read | | The institute's “2019 Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits" also found high collegiate accounting enrollment numbers, as well as boosts in diverse accounting graduates. | |
| Reality TV stars Todd and Julie Chrisley indicted for tax evasion | | By Michael Cohn 3 min read | | Todd and Julie Chrisley, the stars of the reality TV series “Chrisley Knows Best,” were indicted by a federal grand jury in Atlanta on charges of tax evasion, bank fraud, wire fraud and conspiracy, while their accountant Peter Tarantino was also indicted on tax-related charges Tuesday. | |
| SPONSOR CONTENT | | Special Report: The Audit of the Future | | If even half the current predictions are true, in five years no one will recognize the audit. This report will look at some of the most likely changes. | |
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| WEB SEMINAR | | Inside the top QuickBooks apps | | With millions of businesses using Intuit’s industry-leading accounting software, accountants want to make sure they’re up to date on the best third-party applications in the QB ecosystem, whether they're using desktop or QB Online. | |
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