The Internal Revenue Service issued its annual inflation adjustments for dozens of tax items and tax schedules. QuickBooks Online Accountant gets AI injection | By Ranica Arrowsmith 3 min read | Intuit wants ProAdvisors to know it is serious about automation — not just embedding it into its QuickBooks platforms, but also getting accountants to use the capabilities to their fullest potential | | IMA aims to improve managerial costing systems | By Michael Cohn 5 min read | The Institute of Management Accountants has released a new report explaining how accountants can improve their organization’s costing models, tools and information to support better decision making. | |
Audit committees need more transparency: report | By Michael Cohn 2 min read | Despite new CAMs requirements, disclosures are still needed about how audit committees are interacting with their auditing firms, according to the CAQ and Audit Analytics. | |
NYSSCPA to hold student event in Rochester | By Sean McCabe 1 min read | The New York State Society of CPAs’ Rochester Chapter will host local high school students for a one-day event on career opportunities in the profession. | | |