TAX / MANAGEMENT ACCOUNTING
As more businesses join those required to disclose uncertain tax positions, the IRS refines its guidance.
A document exposed for public comment by the Committee of Sponsoring Organizations of the Treadway Commission (COSO) provides guidance on applying the principles of COSO’s updated, proposed Internal Control—Integrated Framework to external financial reporting. COSO also is seeking comments on a revised version of the framework itself and a proposed Illustrative Tools document designed to be an application aid.
The smallest firms have been the biggest winners among U.S. accounting firms during the past two years. That’s one of the findings of the 2012 National MAP (Management of an Accounting Practice) Survey.
As economies wobble toward improvement, more organizations are viewing human capital as something just as important as a company’s products and services. And new research shows why the subject is gaining attention.
The release of Windows 8 brings major changes to the dominant PC operating system and signals a significant shift in strategy for Microsoft. What do CPAs need to know about Windows 8? Find out as the JofA examines the most radical redesign of Windows in two decades.
Online-only: An expanded list of Windows 8 keyboard shortcuts and touchscreen swipe commands.
News media coverage of the coming “tax cliff” or “taxmageddon”—the time at the end of this year when the current tax rates are scheduled to expire for income, capital gains, gifts, and estates—has mostly overlooked the large number of other tax provisions that will expire or have already expired.