The recent U.S. inflation measures show that high prices have not departed yet—and they continue to fuel an affordability ...

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

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

Measure What Matters Most Each organization is different. As a result, what matters and gets measured for each is different as well. It is often said that what gets measured gets done, yet the cost of ...

We read with interest Vincent J. Love and Thomas R. Manisero's article in the May 2017 CPA Journal, “Plain Paper Financial Statements Made Not So Plain: An… The CPA Journal is a publication of the New ...

Ongoing Planning, Documenting, and Preparing for Your Audit Audits tend to run smoother when NFP organizations put effort into preparing for them. This includes developing an audit plan throughout the ...

The recent surge in inflation has led managers to reassess the best inventory valuation methods—first-in-first-out (FIFO) or last-in-first-out (LIFO). In times of rising prices, FIFO typically results ...

Changes to Subpart A, Acronyms and Definitions The 2024 revisions to Subpart A of the Uniform Guidance bring important changes that will impact both recipients of federal funds and their auditors.

Example. On September 1, 2023, ABC Company issues 5-year bonds, dated June 30, 2023, for $968,805. These bonds have a par value of $1,000,000 and an annual coupon rate of 8%, with semiannual interest ...

Liquidity Pool Transactions The concept of a liquidity pool is central to DeFi. As the name suggests, a liquidity pool is a mechanism by which a DeFi protocol funds its operations, such as loans made ...