News Roundup

November 1, 2017

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How Should Auditors Get Ready for the New Lease Accounting Rules?

While companies are implementing the new lease accounting standards, auditors are getting ready to conduct audits under the new rules. Bloomberg BNA interviewed an audit partner who explained some of the challenges auditors will face and what they need to look out for under the new leasing rules.

The Most Important Tax Changes for 2018

The IRS has issued inflation adjustments to more than 50 tax provisions for 2018, including new marginal income tax rates and a slight increase in the estate-tax exemption. These changes will apply to tax returns filed in 2019. Here are some of the most important items on the list.

Accounting is Short on Talent Despite Demand

Due to a talent shortage of qualified accountants and financial professionals, recruiting for these positions has proved challenging and demand for them has been quite high, according to the 2018 Robert Half Salary Guide for Accounting and Finance Professionals.

A Closer Look at the Next 1040

The IRS has released a draft of the form for the 2017 tax year.

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