Technology


TECHNOLOGY

XBRL.org, an electronic financial reporting advocacy group, releases for comment a draft version of “XBRL for General Ledger.” The proposed extensible business reporting language specification, which is expected to be available for use in September, is compatible with international accounting standards and simplifies the process of moving data into and out of accounting systems ( www.xbrl.org/News.htm ).

SPONSORED REPORT

Year-end tax planning and what’s new for 2016

Practitioners need to consider several tax planning opportunities to review with their clients before the end of the year. This report offers strategies for individuals and businesses, as well as recent federal tax law changes affecting this year’s tax returns.

QUIZ

News quiz: IRS warning on cyberattacks and a change in pension rules

Once again, the IRS sounds the alarm about a threat from cyberthieves. See how much you know about this and other recent news with this short quiz.

CHECKLIST

Bolster your data defenses

As you weather the dog days of summer, it’s a good time to make sure your cybersecurity structure can stand up to the heat of external and internal threats. Here are six steps to help shore up your systems.