Compliance

Grant Thornton releases cloud-based tool for ISQM 1 compliance

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Top 10 Firm Grant Thornton has announced the release of a new application, “qm.x,” which is meant to help accountants meet the compliance requirements of the International Auditing and Assurance Standards Board’s new International Standard on Quality Management 1. ISQM 1 was released late 2020. Taking effect this December, the standard encourages firms to design … Read more

In the blogs: Just plain fun

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Taxes versus budgets; meaning of gross taxable income; new blog in town; and other highlights from our favorite tax bloggers. Just plain fun Institute on Taxation and Economic Policy (https://itep.org/category/blog/): Even as many state lawmakers cite rising prices as a major reason to cut taxes, less-noticed data offer a reminder that rising costs have the … Read more