Accounting, tax, auditing news

LATEST NEWS

Advisory panel urges sustained IRS funding, expanded AI, tax simplification

The Electronic Tax Administration Advisory Committee calls for predictable, multiyear funding; expanded use of artificial intelligence with safeguards; and steps to reduce complexity and improve communication with taxpayers and practitioners.

FASB seeks comment on hedge accounting guidance

About a quarter of callers to two IRS lines got poor service, TIGTA says

Crowe partners with private equity; Baker Tilly on the move

TIGTA: IRS reassigned staff after layoffs for filing season

PCAOB seeks comment on proposed quality control amendments

PEEC seeks input on proposed revisions to ‘public interest entity’ definition

FEATURED ARTICLE

Using Excel to identify financial statement red flags

Discover how a structured Excel workbook and visual dashboard can highlight financial patterns that may signal deeper issues. This Technology Q&A article explains how to organize and analyze data to spot potential red flags more efficiently.

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