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FINANCIAL REPORTING
A new path for private companies with VIEs

A new path for private companies with VIEs

FASB has expanded the election not to consolidate for private companies with variable-interest entities. Users of private company financial statements told FASB that consolidation does not help them analyze financial statements.

PRACTICE MANAGEMENT
Responding to the growing gig economy

Responding to the growing gig economy

More people are patching together their incomes with less-traditional contracting and freelance work. Learn more about this trend and how CPAs can play a role.

PROFESSIONAL DEVELOPMENT
#MeToo brings new expectations

#MeToo brings new expectations

A greater focus is being placed on preventing and investigating sexual harassment in the workplace.

TAX
Great time for a GRAT

Great time for a GRAT

Grantor retained annuity trusts may be an optimal wealth-transfer vehicle for many.

ADVERTISING SUPPLEMENT
Ask the expert: Small business

Ask the expert: Small business

Jeff Hofmann is Managing Director of Small Business Lending at Chase. A member of the Chase lending team for nearly 15 years, he is primarily responsible for developing and integrating strategies across the marketing and credit life cycle, product development, acquisitions, customer engagement, retention, and credit.

FROM THIS MONTH'S ISSUE

AI risks CPAs should know

Are you ready for the AI revolution in accounting? This JofA Technology Q&A article explores the top risks CPAs face—from hallucinations to deepfakes—and ways to mitigate them.