The PCAOB is urging audit firms to take steps to bring about higher quality in audits of brokers and dealers, according to a report issued Friday.
When professionals prepare written material for readers inside their organization or outside, they should make sure that no errors distract from the message they need to convey. Take this short quiz for practice in subject-verb agreement.
New rules proposed by FASB are designed to make it easier for organizations to decide if a transaction should be accounted for as a contribution or exchange.
Here’s what organizations need to consider as they implement the new FASB rules—and why it’s smart to start that work promptly.
The AICPA’s measure of financial pleasure versus financial pain continued to show that Americans’ well-being was on the rise.
New AICPA ethics standards address independence, confidentiality, and transfer of client files related to mergers and acquisitions.
Noncompliance with the Audit Documentation standard is the most common cause of material nonconformity in audits. Take this quiz to find out how well you understand what is required.
The AICPA is seeking comment on issues to be included in its guide for implementation of FASB’s new revenue recognition standard.
Engagement partner expertise and firm specialization are among the factors that correlate with quality performance in a single audit.
Not-for-profits face their most significant financial reporting changes in more than 20 years as they implement FASB’s new standard.
The financial standing of the average American reached its highest levels in more than 10 years in the second quarter of 2017, according to the AICPA’s Personal Financial Satisfaction Index (PFSi).
The AICPA issued technical questions and answers that address reporting on financial statements developed using an inappropriate set of standards.
Auditors involved with exempt offering documents will be subject to new requirements under Statement on Auditing Standards No. 133, which the Auditing Standards Board issued.
If granted, the stay would allow the IRS to charge the fees while it decides whether to appeal the district court decision that struck down the fees and, if it does appeal, during the appeal itself.
The IRS Office of Appeals announced that on Aug. 1 it will begin offering taxpayers and their representatives a new web-based virtual conference option for taxpayer conferences.
Changes to the due dates and extensions of time to file various tax returns and information returns were implemented in a package of regulations the IRS issued on Wednesday.
The health care bill released by Senate Republicans on Thursday would retain the Affordable Care Act’s 3.8% net investment tax and the 0.9% Medicare surtax.
FASB issued a new accounting standard simplifying the accounting for certain financial instruments with down round features.
The information about debt disclosed by state and local governments would change if a new GASB proposal is approved.
After reviewing all 105 Treasury regulations issued in 2016 and early 2017, the Treasury Department has identified eight that cost too much, are too complex or exceed the IRS’s statutory authority.