No one’s sure who qualifies for this $415B tax deduction

Congressional Republicans created a juicy new break for business owners when they rewrote the U.S. tax code late last year. Three months later, hundreds of thousands of U.S. employers still don’t know if they can claim it.

Source: Unifying Financials and Inventory

White paper on understanding the value of managing financials and inventory on a single integrated business management system.

Problems found in 40 percent of audits worldwide: The International Forum of Independent Audit Regulators reported on issues with how firms are scrutinizing accounting estimates, testing internal controls, checking revenue recognition and more.

The accounting profession: The year ahead

Pre-tax season update

via With tax season just around the corner, this web seminar will cover the latest regulatory and legislative developments, including last-minute year-end activity in Congress.

Internal audit profession making tech advances:  Internal auditors are getting more involved in technology initiatives like cybersecurity and data analytics, according to several new reports.