Featured News

FASB proposed a new ASU to help investors and other financial statement users better consider the effects of supplier finance programs on a buyer’s working capital, liquidity and cash flows.

Cybersecurity deficiencies at the IRS leave taxpayer data vulnerable to criminal enterprises, according to a recent report from the Treasury Inspector General for Tax Administration.

The Wisconsin Department of Revenue (DOR) is reminding the public to report suspected tax fraud activity.

Gov. Tony Evers has announced more than 20,000 Wisconsin farmers received a total of $50 million through the administration’s third round of aid from the 2021 Farm Support Program.

Employees who contract COVID-19 may be eligible for protection under the American Disabilities Act, according to updated guidance from the Equal Employment Opportunity Commission.

LinkedIn recently parsed through its data to find which careers enjoy the most promotions, and accounting is in the top 10.

The IRS has issued the 2022 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

Taxpayers may get automatic consent from the IRS to change their tax accounting methods to follow final regulations relating to simpler methods for small businesses.

FASB recently updated its research agenda to include additional priorities, such as accounting for digital assets and intangibles.

The Fed is anticipating interest rate hikes in 2022, according to projections released this week.