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Article

GASB Provides New Guidance on Reporting of Subsequent Events

Accounting Standards December 17, 2025 

GASB Provides New Guidance on Reporting of Subsequent Events

The Governmental Accounting Standards Board issued a new standard on Dec. 17 that is designed to improve the financial reporting requirements for subsequent events.

Jason Bramwell

Featured Articles

December 17, 2025  

Here’s Why Americans Could See a $1,000 Increase in Tax Refunds Next Year

December 17, 2025  

NJCPA Raises More Than $30,000 for Community FoodBank of New Jersey

December 17, 2025  

These Christmas Songs Most Likely to Tank Productivity at Work, Study Finds

December 17, 2025  

Career Trade-Offs Report: How Stagnant Pay, Mounting Debt and Rising Costs Redefined the 2025 Workforce

December 17, 2025  

AvidXchange Launches Accounts Payable as a Service 
irs221

IRS June 24, 2024 

Number of the Day: $5.7 Billion

As of March 31, the IRS has spent $5.7 billion, or 10%, of the $57.8 billion it will receive from the Inflation Reduction Act, TIGTA says.

Jason Bramwell

High Schoolers Get a Taste of What It’s Like to Work at CLA

Accounting June 24, 2024 

High Schoolers Get a Taste of What It’s Like to Work at CLA

Interns this summer look even younger than the usual fresh-faced college students who man the cubicles at the top 10 firm.

Jason Bramwell

The Hidden Costs of Late Invoice Payments

Accounting June 24, 2024 

The Hidden Costs of Late Invoice Payments

It has never been more critical for business consultants to work closely with clients to mitigate the prevalence of late invoice payments.

Trump’s Plan to Stop Taxing Tips Could Cost Up to $250 Billion

Taxes June 24, 2024 

Trump’s Plan to Stop Taxing Tips Could Cost Up to $250 Billion

A bill introduced by Republican lawmakers would ax federal and employment taxes on tips, but doing so could come at a price.

talent

Firm Management June 24, 2024 

A Scalable Talent Model is More Than a Safety Net for Firms in Need of Skilled Talent

Your firm, like many, may already be encountering challenges in upskilling your workforce and bridging skills gaps between traditional accounting practices and emerging technologies.

Steve Saah

Weaver Admits 17 to Partnership

Firm Management June 24, 2024 

Weaver Admits 17 to Partnership

“[They] truly reflect the diversity of experience and geographical reach of our practices and industry groups," CEO John Mackel said.

Jason Bramwell

Survey: Nearly 50% of Employees ‘Quiet Vacation’ During 4th of July Week

Firm Management June 24, 2024 

Survey: Nearly 50% of Employees ‘Quiet Vacation’ During 4th of July Week

The week of July 4 can be a perilous one for productivity—and your younger workers could be especially eager for a long holiday break.

IRS Offers Guidance on Exceptions to Tax on Early Emergency Retirement Distributions

Taxes June 21, 2024 

IRS Offers Guidance on Exceptions to Tax on Early Emergency Retirement Distributions

A taxpayer is permitted to receive a distribution from an applicable eligible retirement plan to meet unforeseeable or immediate financial needs relating to necessary personal or family emergency expenses.

Isaac M. O'Bannon

House GOP Shifts Message on 2017 Tax Cuts

Taxes June 21, 2024 

House GOP Shifts Message on 2017 Tax Cuts

Cost concerns and blue-district GOP issues prompt strategy rethink among Republicans charged with reviewing the expiring provisions.

Senate Finance Dems Look to Raise Revenue for 2025 Tax Cliff

Taxes June 21, 2024 

Senate Finance Dems Look to Raise Revenue for 2025 Tax Cliff

Top party lawmakers are making it clear that taxes need to rise on wealthy individuals and multinational corporations.

Decisions 2024 – Conferences, Upgrades, and Meetings…Oh My!

Accounting June 20, 2024 

Decisions 2024 – Conferences, Upgrades, and Meetings…Oh My!

Now that we have time to vet the products for quality, usability, and company vision, we will indeed have some attractive strategic and tactical options for you as the year progresses.

Randy Johnston

PwC U.K. is Doing Quiet Layoffs—and It’s a Brilliant Example of What Not to Do

Firm Management June 20, 2024 

PwC U.K. is Doing Quiet Layoffs—and It’s a Brilliant Example of What Not to Do

PwC in the U.K. is asking people who take a voluntary severance package to keep the reason for their departure hush-hush.

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