The PCAOB has revised a proposal that would create a more uniform approach to a lead auditor’s supervision of other auditors from other audit firms.
Advocacy for women in the accounting profession continues to progress as the American Woman’s Society of CPAs transfers its name and intellectual property to the American Institute of CPAs.
The IRS issued its annual updates of per-diem rates for use in substantiating expenses when traveling away from home on or after Oct. 1.
FASB issued a proposal that would clarify how its new leases standard should be applied to land easements.
The Federal Accounting Standards Advisory Board issued a new statement that establishes foundational concepts for federal agencies’ financial reporting.
CPAs based in the US are largely content with their salaries and expect to be earning more within the next year, according to a new survey by the Association of International Certified Professional Accountants.
The IRS is introducing an 18-month pilot program under which it will once again issue letter rulings concerning the general income tax effects of stock distributions under Sec. 355.
FASB voted to work on developing accounting rules to address areas of distinguishing liabilities and equity, financial performance reporting, and segment reporting.
Amid concerns that financial reporting guidance for consolidation is difficult to understand and navigate, FASB proposed a reorganization of the rules.
Acting quickly in the wake of Hurricane Irma, the IRS gave filing and payment extensions to hurricane victims in 16 counties in Florida, all of St. John and St. Thomas in the U.S. Virgin Islands, and four municipalities in Puerto Rico.
In an effort to reduce identity theft, the IRS issued proposed regulations that would permit employers to use truncated taxpayer identification numbers (TTINs) on Forms W-2, Wage and Tax Statement.
As more of your clients face health care decisions, how much do you know about this program and how it affects your clients’ financial situations?
A proposed omnibus SSARS proposes new requirements and guidance that address international reporting issues for compilations and reviews.
Using pronouns correctly in writing and speech can help you make a good impression. Try our quiz.
Apple unveiled its new iPhone X with a nearly $1,000 price tag. Is the new iPhone a grand improvement? Here’s a look at 10 features you should know about.
An IASB exposure draft seeks to clarify the distinction between accounting estimates and accounting policies.
The update of the 2004 framework highlights the importance of enterprise-wide risk management in strategic planning.
The proposed 2018 GAAP Financial Reporting Taxonomy and the proposed 2018 Shared Reporting Taxonomy were released for public comment by FASB.
Here’s what employers need to do to hire and retain good employees, and what candidates need to do to land a position in a competitive talent market.
A proposal by the AICPA's ARSC would result in flexibility for practitioners performing and reporting on a procedures and findings service.