Technology


XBRL International, a global consortium of more than 200 accounting, technology and financial service organizations, releases version 2.1 of extensible business reporting language (XBRL), a protocol for electronic financial reporting ( www.xbrl.org/newsandevents/index.asp?sid=4 ). The new implementation will make it easier for software developers to create XBRL tools that work without major modifications to operating systems.

NEWS

IRS sets start date for tax season

The IRS announced that tax season will start in late January and that it will issue refunds to taxpayers despite the partial shutdown of the federal government.

PODCAST

Why CPAs can’t wait on automation tools

What do accounting firms waiting on others to develop AI, automation, and data analytics tools have in common with a baseball fan sitting in a stadium filling with water at an exponential rate? The answer could determine your firm’s fate.