Accounting, tax, auditing news
LATEST NEWS
FASB updates investment company fair value reporting standard
The amendments address stakeholder concerns that current GAAP guidance doesn’t consider a contractual restriction on the sale of an equity security when measuring the fair value of that security.
PCAOB finalizes simplified quality control amendments
Risk response often doesn’t match the threat or the opportunity
AICPA seeks IRS clarity on AI guidelines, CPA fees
CFO hires increasing; average age of hires decreasing
Congress approves funding bill that maintains IRS budget
Confidence in U.S. economy rises despite inflation concerns
FEATURED ARTICLE
How small firms can start with AI, handle change
In this month’s Small Firm Q&A column, Stephanie Otero, CPA, AICPA vice president–Small Firm Advocate, provides guidance on getting started with AI, riding the waves of transformation, and focusing on the most important things.
Read the latest digital edition
