INDUSTRY NEWS
Product and service updates from leading vendors
and suppliers to the accounting profession.

February 6, 2012
IRS Reports Significant Growth in Whistleblower Awards in Recent Years

Experian Launches New Fraud Prevention Data Sharing Initiative for UK Social Housing Providers

February 5, 2012
Changes to Revenue Recognition Proposals by IASB and FASB
Article is second part of a discussion related to the IASB/FASB jointly-released Exposure Draft, “Revenue From Contracts With Customers,” and addresses the principle of control, performance obligations, and issues in calculation of transaction price. 

February 3, 2012
Rapid Adoption of Thomson Reuters Mobile App Shows Changing Habits of Tax and Accounting Professionals
New data illustrates rapid growth in the use of our practice management app for mobile devices.

The University of Scranton Announces Bisk Foundation Teacher Education Scholarships for 100% Online Master’s Degree in Education

Treasury Issues Proposals on Lifetime Income Alternatives for Retirees

Grant Thornton Survey Reveals Extent of Canadian Businesses’ Awareness of Revenue Recognition Changes
Only about 35% of Canadian businesses are aware of the coming changes related to IFRS and revenue recognition reporting, compared to reported 61% of businesses in the U.S. that are aware of the pending changes.

Statement on the Securities and Exchange Commission Appointment of Jeanette M. Franzel to the PCAOB

February 2, 2012
U.S. Sales Tax Burden Eased in 2011, According to Thomson Reuters ONESOURCE Indirect Tax Report

Prudential Supports the Efforts of the U.S. Departments of Labor, Treasury to Enhance Retirement Security

U.S. Trust Develops Web-Based Educational Resources for Young Adults Through Expanded Financial Empowerment Program

Year-End SMP Quick Poll Reveals Burden of Regulation and Economic Uncertainty as Top Challenges

KPMG LLP Acquires US Indirect Tax Managed Services Business From Thomson Reuters
KPMG LLP today announced its acquisition of the U.S. assets of Thomson Reuters Corporation's widely respected ONESOURCE® Indirect Tax Managed Services business.

February 1, 2012
Job Hunt on the Go: New Robert Half Mobile App Makes Search for Work Easier

Chatham Financial Expands Infrastructure & Project Finance Advisory Business

Deloitte’s 3rd Annual Tech Trends Report: Top 10 Trends to Help Elevate Information Technology for Digital Business

January 30, 2012

Bloomberg BNA State Tax Advisory Board Members Offer Analysis on Contentious Issues and Hottest Trends

Technical Questions and Answers Issued on Reimbursements Received Under the PPACA’s ERRP
TPAs 6931.13–.17 in AICPA Technical Practice Aids provide nonauthoritative guidance on accounting and reporting for reimbursements received under the Patient Protection and Affordable Care Act’s Early Retirement Reinsurance Program.

UK GAAP and SME Accounting
The UK’s Accounting Standards Board has announced that it will make changes to its current proposals, in response to feedback on the related exposure drafts.

Capital Gains Debate Leaves Taxpayers Uncertain About Selling Off Assets

Intuit Small Business Employment Index Shows Continued yet Slow Job Growth for January
50,000 jobs created; slight decreases in hours worked, compensation; east coast shows more weakness in employment.