Thomson Reuters Special Report Provides Guidance on the New Accounting Model for Leases

Thomson Reuters has released a special report addressing the FASB’s new guidance on leases. The report, An Overview of the New Accounting Model for Leases, provides insights on the complexities related to this topic to make analyzing and planning for the changes easier. Issued in February 2016, the FASB’s Accounting Standards Update (ASU) No. 2016-02, … Read More

Thomson Reuters Checkpoint Projects Increase to Inflation-Adjusted Tax Brackets in 2019

A Thomson Reuters special report, Projected 2019 Inflation-Adjusted Tax Brackets and Other Key Figures, calculates the inflation adjustments to next year’s individual income tax brackets, standard deduction amounts, and other annually-adjusted figures. The adjustments are calculated under a new measure of inflation, as enacted by the Tax Cuts and Jobs Act (TCJA; P.L. 115-97, 12/22/2017). … Read More

Thomson Reuters White Paper Provides Cybersecurity Guidance for Small and Mid-Sized Entities

Thomson Reuters has released a white paper to help firms protect themselves from a cybersecurity breach at a time when IT security concerns permeate internal control at even the smallest companies. The paper, How Small and Mid-Sized Entities Can Protect Themselves from a Cybersecurity Breach, provides guidance on how to develop a robust information security … Read More

Thomson Reuters Professionals Honored as 2018 20 Under 40 CPA Practice Advisor Superstars

Thomson Reuters professionals William Hill, Jordan Kleinsmith and Melissa Oaks have been named CPA Practice Advisor magazine’s 20 Under 40 Superstars. This honor is awarded to young leaders helping to advance the tax and accounting profession through their roles in technology, education, consulting and firm development. “We are fortunate to be surrounded by so many … Read More

Thomson Reuters Provides Guidance on New Accounting Standard for Nonprofit Organizations

Thomson Reuters has released a Checkpoint report that provides guidance on a new Financial Accounting Standards Board (FASB) accounting standard related to the preparation of financial statements for nonprofit organizations. It discusses some of the most significant changes to the existing financial reporting framework as well as the important implementation issues. Accounting Standards Update (ASU) … Read More

Thomson Reuters Launches Content on Accounting for Income Taxes After Sweeping Tax Reform

Thomson Reuters has released a Checkpoint special report, Accounting for Income Taxes after a Sweeping Tax Reform, and a new Checkpoint Catalyst topic: US GAAP – Accounting for Income Taxes to help accounting firms tackle the complex guidance in Topic 740, Income Taxes, in the Financial Accounting Standards Board (FASB) Accounting Standards Codification and the … Read More