BDO, a Global Six firm, did particularly well, winning 54 new clients compared with 14 losses, for a net increase of 40 engagements in 2014.
U.S. businesses amassed nearly $7 billion in IRS civil penalties in 2013 stemming from tax and accounting mistakes.
Thanks to a combination of increased consumer awareness and a constantly changing set of tax codes, the risk of getting sales tax wrong has risen.
"It's pretty obvious there's going to have to be a deferral," says IASB member Patrick Finnegan.
The finance department used to be an early adopter of technology. How can it overcome its present inertia?
The challenges and opportunities ahead for finance chiefs.
The value of the company's trade name fell off by $1.9 billion.
IRS charged that amount for errors including end-user mistakes, tax and accounting rule errors, and organizational boo-boos.
The wish list of traits desired in entry-level finance and management accounting staff continues to expand.
Finance execs expect to have to report on forecasting, sustainability, and social responsibility within three years, adding to an already heavy…