SyncStream debuts Benefits Analysis Toolkit

Regulatory technology provider SyncStream Solutions has released its new Benefits Analysis Toolkit, which is targeted at CPAs, benefits brokers and HR consultants, and is designed to help calculate and forecast the effects of all benefits offerings on a company’s bottom … Read More

Audit technology evolving quickly at Big4 companies

The major firms are leveraging the latest tools to make the auditing process more efficient. “I would say we all have smart audit platforms or we’re designing smart audit platforms,” said Roger O’Donnell, an audit partner at KPMG, during a … Read More

Voices 2017 tax reform: Proposed individual tax changes in the Tax Cuts and Jobs Act

The Tax Cuts and Jobs Act makes major changes to individual income taxation. These include a reduction in the number of tax brackets, an increase in the standard deduction, repeal of personal exemptions, a reduced maximum rate on business income, … Read More

Many banks unprepared for FASB’s new credit loss standard

The Financial Accounting Standards Board’s new standard on accounting for credit losses will require some major changes for banks, particularly smaller ones, as well as many companies that provide loans. The current expected credit loss, or CECL, standard requires them … Read More