Sustainability accounting and reporting (SAR) is reshaping how students view the accounting profession, broadening the ...

CPAs often talk about being proactive advisors, yet many firms still prepare returns with only the information clients hand ...

The IRS is currently undertaking one of the most significant technology modernization efforts in its history. Still, much of ...

Organizations differ by many factors, including legal and operating structure, size, industry, and geographic markets. In any ...

For decades, the accounting talent shortage in the United States has been a serious concern for academicians, policymakers, and the profession. One solution to what has been termed the pipeline ...

Many equity investments do not require the complete acquisition of investees and their consolidations. Depending on circumstances, companies may account for an equity investment as consolidation, ...

It’s been a year since the AICPA and NASBA’s CPA Evolution Initiative launched, and the AICPA and NASBA offer some excellent free resources on their websites to help CPA candidates understand the ...

Accounting Standards Update 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities,modifies the accounting and reporting of foreign currency forward ...

Financial statement fraud is often thought of as an “inside job,” something perpetrated by the management or employees of the organization being audited. Occasionally, however, fraud is perpetrated by ...

The accounting press has heralded the growing and transformational use of data analytics in accounting—auditing in particular. A recent poll regarding top priorities for audit leaders conducted by ...

Not-for-profit organizations receive financial donations as a matter of course, but the accounting for that revenue depends on whether the transaction is classified as a contribution or an exchange, ...