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Emma Slack-Jorgensen
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CFOs Prepare for Uncertainty as They Outline Their Priorities for 2024
The Trusted Professional
The past year ended with good news about the stock market and the economy in general, as well as enthusiasm for new…
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FASB to Move Ahead on Projects in 2024
Accounting
The Financial Accounting Standards Board (FASB) will move ahead with a number of projects in 2024, including accounting for…
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Conference Speaker Discusses Tax Implications of Working from Home
Taxation
Mark S. Klein, chair of law firm Hodgson Russ LLP, led a discussion on the tax implications of a global workforce, including…
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FASB Rules Out Changes to HTM Securities Standards
Accounting
Despite a string of bank failures in 2023, the Financial Accounting Standards Board (FASB) has decided not to make changes to…
Read More
IRS Announces Voluntary Disclosure Program for Businesses that Received Refunds for Erroneous ERC Claims
Taxation
The IRS is fulfilling its pledge to help businesses that received and deposited refunds after filing erroneous Employee…
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IRS Commissioner Warns Taxpayers Not to Fall Prey to Tax Debt Settlement 'Mills'
Taxation
The IRS recently announced that it is waiving nearly $1 billion in late-payment penalties for many taxpayers who were not…
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SEC to File Brief in Major Case About Materiality of Audit Reports
Auditing
Do audit reports by outside accounting firms really matter? That’s the discomfiting question posed by The Wall Street…
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PCAOB's Priorities for 2024 Include Increased, Broader Inspections
Auditing
The Public Company Accounting Oversight Board (PCAOB) released a staff report, "Spotlight: Staff Priorities for 2024…
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Senator Asks IRS for Info on Impact of TCJA's Repeal of Deduction for Theft Loss
Taxation
Sen. Robert P. Casey Jr. (D-Pa.), chairman of the Senate’s Special Committee on Aging, is asking for information from the…
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