Attention to the right details during planning can save time and enhance audit quality.
US public companies spent more time in 2016 than in the previous year complying with Sarbanes-Oxley Act regulations, according to a new survey report.
Clients in the early stages of Alzheimer’s disease or dementia may still be able to take part in financial planning. Learn what precautions CPAs need to take when working with these clients.
Here are some ways CPAs can help prevent their clients from making emotionally driven investing mistakes.
In a taxpayer-friendly development, the IRS issued guidance permitting certain estates to make a late portability election if they did not make a timely election.
See how much you know about recent accounting and tax news.
After two years of decline, the percentage of company financial staff devoted to general accounting leveled off in 2017.
Accounting obstacles that prevented some organizations from using hedging to manage risks may be eliminated by a standard that received preliminary approval from FASB.
A new interpretation issued by the IASB specifies requirements for how organizations should reflect uncertainty in their accounting for income taxes.
The D.C. District Court held that the IRS has the authority to require preparers to use preparer tax identification numbers (PTINs) but that it cannot charge fees for issuing PTINs.
Auditor’s reports will provide more information to financial statement users under new rules.
The AICPA's FinREC issued 12 working drafts of industry-specific accounting issues.
The outlook for U.S. finance decision-makers’ businesses remains positive, according to a quarterly survey, which shows some concern about employee costs and availability of workers.
FASB made the first of several scheduled maintenance updates to its Accounting Standards Codification as part of an effort to simplify the codification’s structure.
Hundreds of CPAs visited with lawmakers and congressional staff this week to advocate on four key issues for the profession. Here are tips on how to schedule a similar visit or get your voice heard from back home.
The board has proposed requiring auditors to provide information on the most challenging, subjective, or complex aspects of an audit.
President Donald Trump’s proposed FY 2018 budget includes a new proposal to give the IRS authority to regulate paid tax return preparers.
The AICPA ASB issued an interpretation that describes conditions for practitioners who wish to perform and report on an attestation engagement in accordance with AICPA attestation standards in addition to another set of attestation standards.
Demand for cybersecurity consulting helped drive the growth, accounting for $7.1 billion in revenue.
The first members of Generation Z are graduating from college and entering the workforce. And it would be a big mistake to expect them to behave like Millennials.