GAAP

March 1, 2006

Please note: This item is from our archives and was published in 2006. It is provided for historical reference. The content may be out of date and links may no longer function.

July 15, 2026

IRS raises standard mileage rates for remainder of 2026

July 15, 2026

PEEC finalizes revisions to tax services independence guidance

July 9, 2026

IRS designates certain CRAT arrangements as listed transactions

Tax
- IRS Practice & Procedure
- International Tax

FASB is codifying U.S. GAAP literature for nongovernment entities into a single authoritative reference that will supersede all existing standards and be available online. The board is seeking researchers’ feedback on the capabilities such a system should have ( www.fasb.org ).

FROM THIS MONTH'S ISSUE

Drafting an AI policy that actually works

As AI use accelerates, many firms are discovering their policies haven’t kept pace. This article breaks down what CPAs and finance leaders should consider when drafting an AI policy that’s practical, flexible, and fit for real world use.

MAGAZINE

GAAP

IRS raises standard mileage rates for remainder of 2026

PEEC finalizes revisions to tax services independence guidance

IRS designates certain CRAT arrangements as listed transactions

Features

Start in high school to strengthen the accounting profession

Accountancy in America: Meeting the moment for 250 years

A guide to fighting AI-fueled AP/AR fraud

How to handle increased enforcement of unclaimed property notices

How to tame funding volatility in not-for-profits

What AI agents mean for CPA firms

FROM THIS MONTH'S ISSUE

Drafting an AI policy that actually works

From The Tax Adviser

Condo casualty losses: Deductions for common-interest property

Trust distributions: Timing, tax, and practical considerations

Current developments in taxation of individuals: Part 3

Current developments in taxation of individuals: Part 2

MAGAZINE

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