Featured News
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September 2019 Wisconsin Economic Outlook
The U.S. and Wisconsin economies continue to grow despite some uncertainties clouding the forecast, according to the Department of Revenue’s September 2019 Wisconsin Economic Outlook.
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House passes PCAOB whistleblower protection bill
The U.S. House of Representatives voted to approve legislation that would provide whistleblower protection to accountants, auditors and others who know of accounting fraud.
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Know and avoid M&A deal killers
A variety of circumstances can kill a merger or acquisition, and both basic and advanced mistakes are applicable to the CPA in public accounting or in industry.
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How to properly date an Excel model
Utilizing a formula-based approach to an Excel table can allow modellers to build a full financial time series from just three lines of data instead of multiple rows that may not be necessary.
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Adopting integrated reporting
Adopting environmental, social and governance (ESG) reporting can show a company’s commitment to supporting diversity, social and environmental concerns, and more accountable corporate governance.
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Corporations must apply for IRS CAP program by Oct. 31
The IRS has announced that corporations that want to participate in the Compliance Assurance Process (CAP) for the 2020 program year must apply between Sept. 16 and Oct. 31.
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Free resources to help auditors comply
The AICPA has developed some free resources to help auditors comply with two important auditing standards that are being missed too often.
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Understanding the new revenue recognition standard
ASC 606 replaces nearly all previous existing revenue recognition guidance, including industry-specific guidance. A new guide can help you unravel the new standard’s complexities.
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IRS offers settlement for micro-captive insurance schemes
As a result of recent Tax Court cases involving captive insurance companies with the IRS prevailing, the agency is issuing letters about a settlement arrangement to impacted taxpayers under audit for this issue.
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CPAs and a changing corporate reporting landscape
CPAs have an opportunity to be an integral part of the changing corporate reporting landscape and the evolution of capital markets and marketplace demand.