Featured News
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New FASB standard would simplify accounting for income taxes
A new FASB standard is intended to simplify accounting for income taxes and improve financial statement preparers’ application of income tax-related guidance.
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Areas of focus for PCAOB’s 2020 firm inspections
The PCAOB’s inspections of audit firms in 2020 will focus on quality control, auditor independence, implementation of new standards and more.
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SECURE Act approved to strengthen U.S. retirement security
The SECURE Act, signed into law by the president Dec. 20, 2019, puts in place numerous provisions intended to strengthen retirement security across the country.
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Advancing women in the accounting profession
With more women than men now entering the accounting profession, changes must be made to improve their upward mobility of leadership.
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Wisconsin won’t legalize medical marijuana anytime soon
Wisconsin won’t legalize medical marijuana next year or anytime soon, according to Assembly Speaker Robin Vos.
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2020 guidance for withholding from periodic payments
A new IRS notice provides guidance for the 2020 calendar year regarding withholding from periodic payments for pensions, annuities and certain other deferred income.
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Accounting tech predictions for the next decade
The death of in-house servers, the use of cloud-based tax software and the rise of Mac desktops are just a few accounting technology predictions for the next decade.
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How accounting firms can recruit Gen Zers
A new online survey of current undergraduate and graduate accounting students indicates what Generation Z may look for in a firm.
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Good news for U.S. and Wisconsin economies in 2020
The U.S. and Wisconsin economies will continue to grow in 2020, according to the latest Wisconsin economic forecast update.
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The right way to create an incident response plan
Build an effective incident response plan to reduce the financial and business impact of a cyberattack.