Financial Reporting December 16, 2025
Multi-Currency Accounting Doesn’t Have To Be So Hard
Creating clear, repeatable rules for multi-currency accounting will ensure less headache and more accuracy moving forward.
Accounting June 27, 2023
FASB Plans Changes to Acquired Financial Asset Reporting
The proposal would eliminate the “double count” that occurs under current expected credit loss (CECL) accounting.
Accounting June 27, 2023
Tax and Accounting Best Practices for Cryptocurrencies
As a tax and accounting professional, you will encounter clients who require guidance regarding investing in cryptocurrencies and digital assets.
Accounting June 27, 2023
PCAOB Looks to Add Rules for Auditors on Technology-Assisted Analysis
The proposal would update parts of existing PCAOB standards relating to audit evidence and auditors' responses to risk.
Taxes June 26, 2023
AICPA Requests Guidance on Non-Fungible Tokens and Clarity on Digital Assets & Virtual Currency Reporting
The AICPA is encouraging Treasury and the IRS to issue guidance on specific issues to assist taxpayers in properly reporting transactions with virtual currency.
Accounting June 26, 2023
AICPA & CIMA Support New Sustainability Disclosure Standards from IFRS
The AICPA also signed a related joint statement of support from members of the Global Accounting Alliance.
Accounting June 23, 2023
Fed Chairman Says One or Two Interest Rate Hikes Maybe Be Necessary in 2023
Federal Reserve Chair Jerome Powell said returning U.S. inflation to 2% is crucial to support the long-term health of the U.S. economy, and that more interest-rate increases may be needed this year.
Firm Management June 22, 2023
Building Your Internal Advisory Team
Let's explore what it takes to build a successful internal advisory team: from finding your why to identifying the roles ripe for becoming internal advisors.
Accounting June 21, 2023
Accounting Mistake Caused Pentagon to Overestimate Cost of Weapons Sent to Ukraine by $6.2B
The error allows the U.S. to provide more military aid to Ukrainian forces without asking Congress for additional money.
Accounting June 21, 2023
The Increased Urgency of a Modern Accounts Receivable Function
By streamlining payment processes, reducing administrative costs and gaining insights through enhanced visibility, businesses can enhance financial stability and liquidity.
Small Business June 21, 2023
Retailers Try New Tactic in Fight Against Organized Theft
Partners including Target, Albertsons and Amazon have signed a pledge that "increases information sharing" between law enforcement, retailers that experience theft and online marketplaces.
Small Business June 21, 2023
New Home Construction Surges, Beats Expectations
U.S. housing starts unexpectedly surged in May by the most since 2016 and applications to build increased, suggesting residential construction is on track to help fuel economic growth.
Accounting June 20, 2023
Confused about IRS Pub 4557 vs FTC Safeguards Rule, and Which Applies to Your Firm?
Practitioners who fall under the ruling may be subject to an investigation by the FTC which could result in steep penalties and fines for not complying - up to $43,000 per day.