Many CPAs who represent notfor-profit clients and serve on not-for-profit boards may be interested in a web page created by ...

Many corporate executives continually question and analyze their business practices to achieve their goals more effectively ...

Audit and tax firms have long understood that the traditional services for which they are being engaged (e.g., conducting an ...

Charitable Contribution Rules for Individuals Generally, contributions of long-term capital gain (LTCG) property will result in a deduction equal to the fair market value of the property, subject to a ...

Currently, in order to be licensed, CPA candidates must earn a bachelor’s degree (usually 120 hours), earn 30 hours beyond the bachelor’s degree (which may entail completing a master’s degree), and ...

As shown in Panel A of Exhibit 3, findings indicate that impressions of the 150-hour requirement do not appear to strongly correlate with one’s license status, years of experience, or professional ...

A company's long-term liabilities, such as bonds payable and finance leases, arise from its future cash flow obligations.

The Internal Revenue Code and the Bank Secrecy Act (BSA) require that persons engaged in a trade or business file Form 8300, Report of Cash Payments Over $10,000 Received in a Trade or Business, any ...

The rule violated was the SEC’s general standard that recognizes an auditor must be independent in fact and appearance. Auditors might fail to meet this standard and impair independence even if their ...

Goals of Accounting Ethics Education Shortly thereafter, Loeb wrote his seminal paper on what the goals of accounting ethics education should be (Stephen E. Loeb, “Teaching Students Accounting Ethics: ...

The recent Supreme Court decision in South Dakota v. Wayfair will expand retailers’ responsibilities to collect sales taxes on out-of-state purchases. Although the Court’s rationale was that ...