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 ...

Many taxpayers oversimplify the rules surrounding the charitable contribution deduction. Most are aware that contributions to public charities were ...

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 ...

Impressions of the 150-Hour Licensure Requirement In the survey, participants were asked: “What is your impression of the ‘150-hour’ requirement for CPA licensure?” Responses for the statistical ...

When Money Costs Too Much Section 8300 Filing Requirements and Penalties ...

Large Language Models (LLM) like ChatGPT, Bing Chat, Bard, and others can improve the efficiency of common language generation tasks performed by CPAs, but using LLMs entails certain risks. To help ...

Why the Change is Necessary Technological innovation in the business environment—through data analytics, artificial intelligence, robotics, and other technologies—is the major impetus for the changes ...

Accounting Standards Update (ASU) 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities, became effective for financial statements beginning after December 15, 2017. One ...

To better understand this shifting landscape, the authors examined the growth of advisory service at the largest public accounting firms, analyzed why the growth of advisory services causes internal ...