While the audit process generally has an overwhelming connotation, there are several steps that a not-for-profit (NFP) ...

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

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

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

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

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

For many years, the CPA profession has faced a serious challenge: the accounting pipeline is narrowing, with fewer students choosing to study accounting, fewer accounting graduates being hired in ...

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 ...

Trusts enable individuals to ensure the financial health of loved ones long after they are gone, but only if they are properly set up and administered. Trustees bear a great personal responsibility in ...

The debate over how well the accounting curriculum in the United States serves the needs of both students and practitioners continues unabated. A key focus remains on how well students are actually ...