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June 10, 2019

DAILY BRIEFING

Trust begets opportunity for accountants in assurance

By Ranica Arrowsmith 4 min read

Susan Coffey discusses trust, value and opportunity in assurance at AICPA Engage 2019.

Bill.com debuts AI-enabled business payments platform

By Ranica Arrowsmith 3 min read

The new suite that leverages artificial intelligence for end-to-end financial workflow automation.

Grant Thornton transitions CEO to emeritus role

By Michael Cohn 3 min read

Mike McGuire will serve as a "brand ambassador" for the firm, starting August 1, and GT will be led by Bradley J. Preber as interim CEO elect.

IRS warns of higher penalties for filing after June 14

By Michael Cohn 4 min read

The Internal Revenue Service issued a warning Friday to taxpayers who haven’t yet filed their 2018 tax returns.

SEC charges cryptocurrency company Longfin with accounting fraud

By Michael Cohn 2 min read

The Securities and Exchange Commission has added fraud charges to its previous charges against Longfin Corp., a defunct company that used to promote cryptocurrency and went public under dubious circumstances.

Large companies face few accuracy-related tax penalties from IRS

By Michael Cohn 3 min read

The Internal Revenue Service tends to impose relatively few accuracy-related penalties during audits of large businesses, according to a new report.

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Executive pay clawbacks could backfire, says study

By Michael Cohn 2 min read

Clawbacks on incentive-based compensation for executives could lead to misconduct and misreporting of financial results, according to a new academic study.

Doc.It adds integration with DocuSign

By Ranica Arrowsmith 2 min read

Doc.It, which provides document management, workflow, document storage and web portal products for accounting firms, now offers DocuSign eSignature integration in the Doc.It Suite and Doc.It Connect portal products.

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ASC 842 new lease accounting project failures & lessons learned

Project Management, Accounting Policy and Software Product insights gained and pitfalls to avoid from hundreds of successful lease accounting compliance projects.

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The tax office of tomorrow →

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How to recruit, retain and retrain the best →

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