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NEWS
Careful testing and thorough documentation are among the keys for quality single audit performance described by Laurie De Armond, CPA, in her summary of observations from the AICPA Not-for-Profit Industry Conference.
Under a proposal issued by the AICPA Professional Ethics Executive Committee, certain reviews of a tax practice would be explicitly included in exceptions to AICPA Professional Standards client information disclosure rules.
The Supreme Court’s decision on sales tax collection could give smaller companies that rely on in-store sales a better chance to compete with virtual retailers.
State and local governments will provide new information to financial statement users under a standard GASB issued that establishes accounting rules for accounting for interest cost incurred before the end of a construction period.
The ASU seeks to simplify accounting for grants and similar contracts awarded by governments to not-for-profits.
The U.S. Supreme Court on Thursday held that states can assert nexus for sales and use tax purposes without requiring a seller’s physical presence in the state.
The quarterly Business and Industry Economic Outlook Survey prompted a couple of news reports in the JofA in recent weeks. One focused on plans for hiring, while the other looked at concerns about trade.
FASB released an Accounting Standards Update (ASU) designed to improve the financial reporting for share-based payments issued to nonemployees for goods or services.
The three goals' aim is to help the commission improve its ability to react to and employ new technologies.
Process improvements in three key areas can improve workflow and provide finance with more time for analysis and advisory duties.
Scams aiming to reach retirement accounts are becoming progressively more sophisticated.
Skateboarding legend Tony Hawk credited his accountants with making his ventures successful and shared lessons he learned from being an entrepreneur.
The IRS announced that it was withdrawing temporary regulations on the treatment of partnership liabilities for disguised-sale purposes and proposing to reinstate the old rules.
The AICPA sent a letter to the IRS with recommendations for items of tax guidance that should be priorities for the Service to issue from July 1, 2018, to June 30, 2019.
Creating content can be a great way to make a name for yourself on the job. CPA and blogger Chris Wittich shares his best advice for getting started.
Learn about each group’s preferences for collaboration, communication, and idea generation to improve relationships with your co-workers.
For firms embracing the automation age, artificial intelligence requires smart thinking and human wisdom, Boomer Consulting’s Arianna Campbell and Marc Staut explained at the AICPA ENGAGE 2018 conference.
Better planning and more efficient processes and procedures can help accountants, auditors and firms gain more profit from their attest engagements, consultant Alan W. Anderson, CPA, said at the AICPA ENGAGE 2018 conference.
Ted Sarenski, CPA/PFS, discusses 2018 changes to Social Security and much more, including claiming strategies, spousal benefits, and what might happen to the program in the future.
Leadership is a skill that can be learned, says Louis Griego, CPA. In his talk at ENGAGE, he gives advice new managers can use to hone their leadership skills.
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Why cybercriminals are targeting CPAsThis free report expands on the most commonly found scams, why education and specialized IT knowledge help to lessen security vulnerabilities, and why every firm should plan carefully for how it would respond to a breach.
PODCAST
How tax reform — and Excel — are changing the CPA ExamMike Decker, the vice president of examinations at the AICPA, discusses changes being made to the exam as a result of tax reform — and about how Excel will now be available for use on the test.