Companies with payable-based products need to be prepared as the proposed standard will require the recognition of breakage revenue.
Read about how to recognize and disclose three types of related- party transactions whose reporting is especially prone to error.
A proposed revised version of the AICPA’s Code of Professional Conduct is out for review. The ethics code was reformatted to become more user-friendly.
What traits do successful CPA firm leaders have in common? Consultant and accounting profession thought leader Allan Koltin, CPA, decided to find out.