DAILY BRIEFING

By Lauren DeMarco      

Technical skills alone are no longer enough for accounting and finance professionals. View story →

By Michael Cohn       1 min read

The International Auditing and Assurance Standards Board issued two new implementation guides Monday for its recent quality management standards. View story →

By Erik Wasson and Billy House       5 min read

President Joe Biden’s quest to enact his $4 trillion economic agenda enters a turbulent new phase Monday as the U.S. House comes back into session and Democratic representatives ramp up pressure on the Senate to produce a bipartisan compromise or stop prolonging the effort. View story →

By Todd Shields       4 min read

As more Americans cut the cord on traditional landline phones, a government program that subsidizes internet service to poor communities is in danger of collapsing because it relies on taxes from dwindling long-distance calling fees. View story →

By Michael Cohn       3 min read

Congress introduced bipartisan legislation to recognize accounting as part of the science, technology, engineering and mathematics curricula.  Read story →

By Michael Cohn       7 min read

The board released updated implementation guidance for its leases standard, along with other accounting standards for state and local governments. Read story →

By Sean McCabe       2 min read

The consulting firm announced its newest group of high-potential CPAs who completed the one-year professional development program. Read story →

By Michael Cohn       6 min read

The Internal Revenue Service is providing information about the child and dependent care credit and the paid sick and family leave credit, which were expanded under the American Rescue Plan. Read story →

By Kyle Walters       4 min read

No, that’s not a typo. You can focus on five figures per hour once you know how best to leverage your time. Read story →