On April 22, 2024, the Office of Management and Budget (OMB) released significant revisions to Title 2 of the Code of Federal ...

In Brief Operational controls and their impact on the financial statements represent a significant challenge for management ...

CPAs need to be aware of current tax developments in key states to properly advise taxpayers doing business in multiple ...

CPA firms are constantly confronted by regulatory, compliance, and ethics issues in the face of an unpredictable and changing ...

For many years, the CPA profession has faced a serious challenge: the accounting pipeline is narrowing, with fewer students ...

Certain accounting standards are specific to donations, contributions, and grants from governments and foundations and are uniquely applicable to ...

Given the recent challenges in finding and retaining high quality employees, public accounting firms have had to ask many of their current employees to do more work to fill the gap. The authors ...

The recent U.S. inflation measures show that high prices have not departed yet—and they continue to fuel an affordability crisis in critical sectors like healthcare, housing, food, and education. For ...