The Financial Accounting Foundation appointed Marc A. Siegel to the FASB board. His term was effective Oct. 20 and extends until June 30, 2013. Prior to his appointment, Siegel led the accounting research and analysis team at RiskMetrics Group in Rockville, Md. He succeeds George J. Batavick.
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Tax reform complicates year-end tax planningGet 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.
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What RPA is and how it worksRobotic 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.