Harvard Corporate Governance

JUNE 7, 2023

for $8 billion in cash and stock and Carl Icahn’s proxy contest to hold the board accountable provide a cautionary tale for directors who feel invincible, as well as lessons for shareholders seeking to hold boards accountable in light of the SEC’s new universal proxy regime. s acquisition of GRAIL, Inc.

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217

ThomsonReuters

FEBRUARY 8, 2024

Jump to: What are the main accounting assumptions? Going concern assumption: A closer look How do common accounting assumptions relate to GAAP? Accounting assumptions, along with accounting principles and concepts, provide professionals with the necessary framework for preparing financial statements.

Data Analysis 96

Data Analysis 96

Harvard Corporate Governance

JANUARY 30, 2024

Montrone Professor of Private Enterprise at Columbia Business School; Mingcherng Deng is an Associate Professor of Accountancy at Baruch College’s Zicklin School of Business within the City University of New York; and Jing Li is the Deputy Area Head of Accounting and Law and an Associate Professor at Hong Kong University Business School.

Banking 108

Banking Equity Marketability Debt Financing 108

Harvard Corporate Governance

NOVEMBER 25, 2023

On October 7, 2023, California adopted a new set of far-reaching climate laws in the form of SB 253, the Climate Corporate Data Accountability Act (CCDAA) , and SB 261, the Climate-Related Financial Risk Act (CRFRA) (collectively, the “California Climate Accountability Regime”). [1]

Marketability 222

Marketability 222

Harvard Corporate Governance

NOVEMBER 15, 2022

Posted by Dan Carroll, Bruce Freed, Karl Sandstrom, Center for Political Accountability, on Tuesday, November 15, 2022 Editor's Note: Dan Carroll is Vice President for Programs and Counsel of the Center for Political Accountability and oversees the CPA-Zicklin Index, Bruce F. Freed is CPA’s President, and Karl J. Jackson Jr.

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223

Harvard Corporate Governance

APRIL 1, 2024

pilot program to eligible shareholder accounts in its flagship iShares Core S&P 500 ETF (IVV) which seeks to track the S&P 500 Index, enabling more than three million U.S. retail shareholder accounts invested in the fund. On February 14, BlackRock expanded Voting Choice through a U.S.

Equity 122

Equity 122

Meade & Moore

DECEMBER 14, 2023

In the past few years, the Financial Accounting Standards Board (FASB) has released a few key updates to US generally accepted accounting principles (GAAP). We’ve compiled a list of accounting standard updates that have recently gone into effect or will go into effect in 2024. Is your business ready?

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98

ThomsonReuters

OCTOBER 4, 2023

Jump to: How many accounting firms use AI? How do smaller accounting firms use AI? In today’s fast-paced business world, ignoring technology is not an option, and the field of accounting is no exception. How many accounting firms use AI? How do smaller accounting firms use AI? For now, not many.

Accounting Firms 111

Accounting Firms Technology Compliance Data Analysis 111

ThomsonReuters

JUNE 16, 2023

The accounting profession is in the midst of a transformation, and firms must ensure they are upskilling their accountants to remain competitive and keep pace. This article will explore how current technology can help accountants find the time they need to broaden their skillsets and further propel their career.

Data Analysis 98

Data Analysis Technology Accounting Firms Firm Value 98

ThomsonReuters

JANUARY 18, 2024

Jump to: What are the roles and responsibilities for accountants? Accountant vs. CPA vs. tax preparer: What are the differences? GAAP and AICPA What issues should accountants be aware of in the profession? How can accountants be more efficient? Accountant responsibilities extend far beyond number crunching.

Technology 59

Technology Compliance Finance Marketability 59

Harvard Corporate Governance

DECEMBER 12, 2023

The Program on Corporate Governance at Harvard Law School (HLS) is seeking applications for Corporate Governance Post Doctoral Fellowships from highly qualified candidates with graduate training in finance, economics, or accounting. Applications are considered on a rolling basis, and the start date is flexible.

Finance 138

Finance 138

ThomsonReuters

APRIL 25, 2024

As an accountant, advising your clients on retirement income taxes and related strategies can help them to optimize their financial planning in their golden years. Evaluate the potential benefits of converting traditional retirement accounts to Roth IRAs. Consider pension and annuity payments. Delay Social Security. Pension income.

Dividends 52

Dividends Start-ups Compliance 52

Harvard Corporate Governance

NOVEMBER 6, 2023

Posted by Subodh Mishra, Institutional Shareholder Services, on Monday, November 6, 2023 Editor's Note: Subodh Mishra is Global Head of Communications at Institutional Shareholder Services (ISS) Inc. This post is based on an ISS Corporate Solutions memorandum by Liam Hardy, Senior Associate, ISS Corporate Solutions.

Technology 329

Technology 329

ThomsonReuters

JUNE 16, 2023

Many of today’s accounting professionals have a new perspective on when and how they want to work. The onset of the COVID-19 pandemic forced countless businesses, including accounting firms, to go remote essentially overnight due to mandated shutdowns and stay-at-home orders. Are there still remote accounting jobs?

Accounting Firms 111

Accounting Firms Finance Technology Marketability 111

ThomsonReuters

JUNE 16, 2023

When one thinks of accounting fraud, it is likely that these are some of the cases that come to mind. However, most cases of accounting fraud will not make news headlines and can happen in companies of all sizes and industries. When someone is found guilty of committing accounting fraud, they are subject to criminal prosecution.

Banking 93

Banking Finance 93

Machen McChesney

DECEMBER 6, 2023

A taxpayer’s tax accounting methods determine when income is recognized and costs are deducted for income tax purposes. Strategically adopting or changing tax accounting methods can provide opportunities to drive tax savings and increase cash flow.

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97

ThomsonReuters

DECEMBER 8, 2023

As technology has evolved, so too has the accounting profession. From paper-based processes to cloud-based software, accountants are no strangers to change. No previous advancement, however, has had the potential to alter accounting (and many other industries) quite like generative artificial intelligence.

Accounting Firms 108

Accounting Firms Compliance Technology Marketability 108

Harvard Corporate Governance

JULY 26, 2022

Thank you for the opportunity to comment on the Strategic Plan Draft for Public Comment (“Draft Plan”) of the Financial Accounting Foundation (“FAF”). We share the FAF’s commitment to independent, objective standard-setting for financial accounting and reporting. Accounting and Sustainability Standards Are Fundamentally Different.

Marketability 189

Marketability 189

Harvard Corporate Governance

AUGUST 25, 2023

As a part of this mission, CalSTRS will continue to hold the companies in its global portfolio accountable for addressing sustainable business practices and providing minimum climate risk disclosures to investors. “We more…)

189

189

ThomsonReuters

JANUARY 8, 2024

Automation of routine tasks One of the most significant ways AI has revolutionized the tax and accounting profession is through the automation of routine tasks. This not only enhances the efficiency of tax and accounting processes but also improves the overall quality of financial reporting.

Data Analysis 101

Data Analysis Compliance Technology Banking 101

Harvard Corporate Governance

DECEMBER 16, 2022

Today, the Public Company Accounting Oversight Board (PCAOB) announced that it was able, in 2022, to inspect and investigate completely issuer audit engagements of PCAOB-registered public accounting firms headquartered in China and Hong Kong. standards, as required under the Sarbanes-Oxley Act.

Accounting Firms 197

Accounting Firms Compliance Marketability 197

ThomsonReuters

MAY 15, 2023

Working in the tax and accounting industry can be a stressful job. That’s why it’s important for both tax and accounting professionals and their firms to take steps to protect their mental health. Tax and accounting firms need to ensure that the mental health of their employees is taken seriously.

Accounting Firms 137

Accounting Firms Technology 137

ThomsonReuters

JULY 6, 2023

If you’re a leader within an accounting firm, you’ve likely heard of advisory services and their lucrative impact. This trend is picking up pace as traditional accounting firms seek more strategic and meaningful work that goes beyond just tax returns. But what accounting advisory services should your firm offer?

Accounting Firms 98

Accounting Firms Compliance Start-ups Marketability 98

Gross Mendelsohn

JANUARY 23, 2024

Having proper accounting practices and technology in place is essential for success in your manufacturing business. Without the right accounting system in place, manufacturers face a plethora of challenges and gnarly consequences that can be avoided.

Technology 85

Technology 85

ThomsonReuters

JULY 6, 2023

As accounting firms look to differentiate themselves from the competition, one trend is leading the way: business advisory. From advising on mergers and acquisitions to specializing in accounting and advisory in your clients’ specific industry, there are many ways to take advantage of this unique opportunity.

Accounting Firms 98

Accounting Firms Start-ups Compliance Mergers & Acquisitions 98

ThomsonReuters

JUNE 16, 2023

Over the years, AI in accounting has increasingly gained traction and, going forward, it will continue to transform the tax and accounting profession. Like many industries, the accounting profession is exploring how AI can improve efficiencies and help strained firms better serve clients. Is your firm ready?

Technology 110

Technology Start-ups Compliance 110

ThomsonReuters

APRIL 17, 2024

Subscribe on LinkedIn The post CoCounsel: The GenAI for tax and accounting professionals appeared first on Tax & Accounting Blog Posts by Thomson Reuters. Explore how CoCounsel will revolutionize the way you work in our latest AI newsletter below.

Technology 52

Technology 52

Harvard Corporate Governance

JULY 25, 2022

This post is based on their recent paper , forthcoming in the Journal of Accounting and Public Policy. In our paper, Can we trust the accounting discretion of firms with political money contributions? Related research from the Program on Corporate Governance includes Corporate Political Speech: Who Decides? Jackson Jr.,

Finance 189

Finance Banking 189

ThomsonReuters

NOVEMBER 28, 2023

Jump to: Reflect on your current tax workflow Use automation to boost staff engagement and retention Unlock growth opportunities With staffing shortages of epic proportions, the accounting industry is facing a crossroads. Detect inaccuracies.

Start-ups 112

Start-ups Technology Accounting Firms Compliance 112

Redpath

SEPTEMBER 7, 2023

Simply put, using a cash basis system for your bookkeeping and accounting leaves you lacking important information to measure your business by. Experienced business leaders know they need accurate information to make the best decisions for their company.

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98

Trout CPA

MARCH 13, 2024

March 13, 2024 - Trout CPA proudly announces its recognition as a 2024 Regional Leader by Accounting Today in their Top Firms: The Mid-Atlantic region. This annual recognition highlights the Top 37 Firms in the Mid-Atlantic region, covering New Jersey, New York, and Pennsylvania.

85

85

Machen McChesney

JANUARY 3, 2024

Technology is transforming the accounting profession. When businesses moved from paper ledgers to spreadsheets, it improved the timeliness, accuracy, and integrity of accounting-related data.

Technology 89

Technology 89

ThomsonReuters

JUNE 16, 2023

Many of today’s tax and accounting practices are struggling with strained firm capabilities. Based on the findings, the top challenge for accountants is recruitment/retention, at 36 percent. The accounting profession is no stranger to long work hours and hefty workloads, especially during busy tax season.

Accounting Firms 98

Accounting Firms Technology Marketability 98

ThomsonReuters

AUGUST 3, 2023

In the rapidly evolving landscape of the tax and accounting industry, specialization has emerged as a solid differentiator, providing firms with a distinct competitive edge. Enhancing reputation and credibility Specialization builds a reputation for excellence and credibility within the accounting industry.

Accounting Firms 98

Accounting Firms Start-ups Marketability Technology 98

Rhythm Systems

DECEMBER 20, 2022

We have the right systems and skills to help them remain focused, aligned and accountable to getting things done. Developing accountable leaders and teams is a big piece of the puzzle for companies that want to consistently achieve their growth goals.

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97

ThomsonReuters

JULY 6, 2023

In today’s ultra-competitive business landscape, being an accountant means far more than preparing tax returns or compiling financial statements. But what does accounting advisory mean and how can your firm take advantage of this unique opportunity to showcase your knowledge and build deeper relationships with your clients?

Start-ups 88

Start-ups Compliance Accounting Firms Technology 88

ThomsonReuters

JUNE 16, 2023

Is your firm running its gears on outdated accounting technology? In fact, a recent survey by Accounting Today found that half of the firms surveyed said they plan to boost their spending on technology in 2023. How do you know when your accounting technology is outdated? What are the risks of using outdated accounting software?

Technology 98

Technology Start-ups Accounting Firms Compliance 98