Clients seeking to buy a home are sometimes motivated by societal pressure and incorrect assumptions. Advisers can help them approach this major decision more objectively.
Newsletter articles
A&A Focus recap: PCC credit loss relief, federal funding freeze impact, and EBP audit updates
The April A&A Focus webcast featured a deep dive into step 4 of the five-step revenue recognition process outlined in FASB ASC Topic 606, as well as news on new auditing standards exposure drafts.
A&A Focus recap: Rev rec, AICPA standard setting update, and stablecoins
The March A&A Focus webcast featured a deep dive into step 4 of the five-step revenue recognition process outlined in FASB ASC Topic 606, as well as news on new auditing standards exposure drafts.
A&A Focus recap: FASB and ASB chair recap and preview activities
The February webcast included one-on-one discussions with the chairs of the accounting and auditing standard setters.
A&A Focus recap: Quality Management FAQs and a 2024 ASU rundown
The January webcast also included a deep dive into step 3 of the five-step revenue recognition process outlined in FASB ASC 606.
A&A Focus recap: Updates on CECL and artificial intelligence
The December webcast also included updates on the AICPA Accounting Standards Review Committee’s preparation standards exposure draft and on recent FASB news.
Attracting students to accounting with business valuation courses
Here are some ways faculty members can introduce this specialty to their students.
A&A Focus recap: Improving the peer review experience
Also, an internal controls expert joined for a discussion on COSO and its relationship to SAS 145, and a current Auditing Standards Board member addressed questions the AICPA has been receiving on the QM implementation process.
How a hands-on project changes students’ minds about auditing
A university community outreach project offers accounting students a real-life audit experience and three local churches a service they otherwise might not be able to afford.
A&A Focus recap: Private Company Council update
Also covered: COSO and its relationship to SAS 145, and ASB member addresses questions related to QM implementation.
Best way to teach adults? Scenario-based learning
College professors teach young adults, who require a different approach than children. Learn more in this Academic Update feature article.
A&A Focus recap: Leveraging control testing in an audit
Also, an update from the Auditing Standards Board chair, principal vs. agent analysis when recognizing revenue, and the new required income tax disclosures under FASB Accounting Standards Update No. 2023-09.
A&A Focus recap: A deep dive into SAS 145
The August webcast also covered peer review updates, more on using technology in audits, and the AICPA Financial Reporting Framework for Small- and Medium-Sized Entities.
A&A Focus recap: The ethics of using AI in an audit
The July installment of the monthly newscast series also featured a look at the recently released ACFE Report to the Nations, and the first in a series of conversations about revenue recognition and digital assets.
A&A Focus recap: Top A&A and employee benefit plan issues
The June installment of the monthly newscast series reviews the top issues raised at two of the AICPA’s premier conferences, looks at software being used by auditors, and includes an update from the AICPA’s chief auditor.
4 ways to champion sustainability and ethics in accounting curricula
A recent Global Academic Champion Forum hosted by AICPA & CIMA’s Academic and Student Engagement team featured academics discussing the integration of sustainability and ethics into accounting curricula.
A&A Focus recap: CECL, leases, and commercial real estate
The May installment of the monthly newscast series also featured a governmental auditing update.
Adapting teaching methods for Gen Z learners
Today’s educational landscape demands innovative approaches to engage Gen Z learners, who are inherently comfortable with digital environments.
A&A Focus recap: A&A risk, not-for-profit update, SQMS, and ERC
The April installment of the monthly newscast series covered topics ranging from current practitioner risks and the quality management standards to ERC considerations and a not-for-profit industry update.
Creating a not-for-profit accounting course
A practitioner-turned-professor explains what’s wrong with not-for-profit accounting education and what she did to fix it.
Features
FROM THIS MONTH'S ISSUE
Tax-efficient drawdown strategies in retirement
Want to stretch retirement funds and avoid tax pitfalls? This article shares tips and models for smarter drawdown strategies that maximize after-tax wealth, manage Social Security and Medicare impacts, and minimize surprises. Also see: Tax season preview and quick guide.
