Grant Thornton’s National Tax Office picks the top issues of 2019 and 2020. | Managing conflicts of interest in financial planning → | | By Daniel Hood | | Some accountants worry that entering into financial planning services may create conflicts of interest -- and they're right, according to John Napolitano of U.S. Wealth Management, though the specific conflicts may not be what they expect. | |
| Cost Accounting Standards Board still working on conforming with GAAP → | | By Michael Cohn 3 min read | | The Cost Accounting Standards Board, a group set up by Congress in 1970 to make sure federal contractors charge their costs appropriately, is finally making some progress in aligning its 19 cost accounting standards with U.S. GAAP after Congress mandated in 2017 that it do so where practicable. | |
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