Content by Jason Bramwell

on 06/16/14
Lawmakers fume over lost emails in IRS probeStephen Ohlemacher of the Associated Press reported on June 14 that congressional investigators are fuming over revelations on...
on 06/13/14
House votes to give small business quicker tax writeoffsRichard Rubin of Bloomberg wrote on Thursday that small businesses would be able to write off capital purchases more...
on 06/12/14
The Financial Accounting Standards Board (FASB) on Thursday updated financial reporting guidance for repurchase agreements by changing the accounting for repurchase-to-maturity transactions and...
on 06/12/14
Golfer Mickelson’s role said to be overstated in insider inquiryPhil Mickelson did not trade in shares of Clorox just as the billionaire investor Carl Icahn was mounting an...
on 06/11/14
Tax breaks for companies like Apple investigated by EUThe European Union (EU) on Wednesday opened an investigation into the way countries, including Ireland, provide tax arrangements...
on 06/10/14
Based on recommendations from stakeholders, the Financial Accounting Standards Board (FASB) will now tackle two short-term projects as part of a new effort to make US accounting rules less complex....
on 06/10/14
Financial Accounting Standards Board (FASB) officials said new guidance issued by board members on Tuesday will reduce the overall cost and complexity associated with financial reporting for...
on 06/10/14
The Public Company Accounting Oversight Board (PCAOB) on Tuesday adopted a new auditing standard and amendments in three areas of the audit that could pose an increased risk of material misstatement...
on 06/10/14
UK watchdog expects progress on global accounting rulesWin Bischoff, the new chairman of Britain’s Financial Reporting Council, which polices accountants and audit firms, said...
on 06/09/14
US finance executives at both private and public companies are the beneficiaries of salary increases that are slightly higher than what the marketplace is offering, suggesting that employers are more...
on 06/09/14
The vanished grandeur of accountingBoston Globe correspondent Jacob Soll wrote this over the weekend: “In Washington’s National Gallery of Art hangs a portrait...
on 06/06/14
Senate Finance restarts tax reform debatePeter Schroeder of The Hill reported yesterday that Senate Finance Committee Chairman Ron Wyden (D-OR) and ranking member Orrin...
on 06/05/14
The number of CPAs and financial executives who are optimistic about the US economy has surpassed the 50 percent mark for the first time since the recession, according to results of a new survey...
on 06/05/14
SEC buys time trying to settle with Big 4 firms over China flapTammy Whitehouse of Compliance Week reported on Wednesday that the US Securities and Exchange Commission (SEC...
on 06/04/14
Companies are taking their time transitioning to the 2013 Committee of Sponsoring Organizations of the Treadway Commission (COSO) Internal Control-Integrated Framework, even though the updated...
on 06/04/14
Tax ‘extenders’ bill will await November elections: Senator Reid“I guess the answer is yes,” Senate Majority Leader Harry Reid (D-NV) told reporters yesterday...
on 06/03/14
A group formed by the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) that will analyze issues arising from companies’ implementation of the...
on 06/03/14
Los Angeles-area jeweler Bryan Shaw was sentenced by a federal judge on Monday to five months in prison for his role in an insider trading case involving former KPMG LLP senior audit partner Scott...
on 06/03/14
KPMG says it expects relationship with golfer Phil Mickelson to continueIn Monday’s “Bramwell’s Lunch Beat,” I wondered – based on a piece over the...
on 06/02/14
The Associated Press and Reuters both reported on Monday that approximately 77,000 foreign and US banks and financial institutions have registered with the United States to comply...

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