“People can reject the standards, but ultimately this body was chosen to be independent and tough-minded and to do what it thinks is right. I think I would rather go down than cave in.”

—Sir David Tweedie, chairman of the IASB, quoted in Accountancy Ireland.


Tax reform complicates year-end tax planning

Get your clients ready for tax season with these year-end tax planning strategies, which address how to make the most of recent tax law changes, such as the new deduction for qualified business income and the cap on the deductibility of state and local taxes.


What RPA is and how it works

Robotic process automation is like an Excel macro that can work on multiple applications, says Danielle Supkis Cheek, CPA. RPA can complete routine, repetitive tasks such as data entry, freeing up employee time from lower-level chores.