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Accounting

Last Chance to Vote in the 2026 Readers’ Choice Awards!

Accounting April 17, 2026 

Last Chance to Vote in the 2026 Readers’ Choice Awards!

Each year, readers get the opportunity to show their support for the programs, hardware, services, and other technologies they use and trust.

Isaac M. O'Bannon

Featured Articles

April 22, 2026  

Botham Jean’s Family Sues in Effort to Force Dallas to Pay Jury Award for Accountant’s 2018 Murder

April 21, 2026  

Is Your State Running Low On Accountants?

April 21, 2026  

Rep. Ilhan Omar Updates Financial Disclosure Form, Citing Accounting Error

April 21, 2026  

Illinois CPA Society to Host Not-for-Profit Symposium in Chicago

April 21, 2026  

The Worst Thing Small Businesses Can Do with Their Tariff Refund
FASB Issues Standard on Induced Conversions of Convertible Debt Instruments

Accounting Standards November 26, 2024 

FASB Issues Standard on Induced Conversions of Convertible Debt Instruments

The amendments in the ASU clarify requirements for determining whether certain settlements of convertible debt instruments, including convertible debt instruments with ...

Isaac M. O'Bannon

Deloitte Predicts Record-High Black Friday and Cyber Monday Spending

Payroll November 26, 2024 

Deloitte Predicts Record-High Black Friday and Cyber Monday Spending

Even as consumers plan to spend more, getting more bang for their buck appears to be their top shopping strategy, Deloitte says.

Jason Bramwell

IRS to Host Virtual Focus Groups on the Business Tax Account Online Tool

IRS November 25, 2024 

IRS to Host Virtual Focus Groups on the Business Tax Account Online Tool

The virtual focus groups, which will be held next month, are a way for the agency to gather feedback on the online self-service tool.

Jason Bramwell

GASB Proposes Guidance on Subsequent Events

Accounting Standards November 25, 2024 

GASB Proposes Guidance on Subsequent Events

The proposal defines subsequent events and provides note disclosure requirements in order to reduce diversity in practice.

Jason Bramwell

CPE Sessions Announced for Ensuring Success

Accounting November 25, 2024 

CPE Sessions Announced for Ensuring Success

On Dec. 18-19, professionals can earn up to 14 hours of free CPE credit, with 7 sessions each day. Pick the ones you want or stay for all of them.

Isaac M. O'Bannon

FASB Issues Post-Implementation Review Report for Its Revenue Recognition Standard

Accounting Standards November 25, 2024 

FASB Issues Post-Implementation Review Report for Its Revenue Recognition Standard

The report discusses how the FASB staff conducted the Revenue PIR process, which included outreach with more than 2,200 stakeholders from diverse backgrounds, key implementation support

Isaac M. O'Bannon

FASB Seeks Feedback on Clarification to Interim Effective Date for Disaggregation of Income Statement Expenses Standard

Accounting Standards November 25, 2024 

FASB Seeks Feedback on Clarification to Interim Effective Date for Disaggregation of Income Statement Expenses Standard

The proposed ASU is aimed at public business entities that do not have an annual reporting period that ends on Dec. 31.

INCPAS and NABA Launch Initiative to Strengthen Talent Pipeline in Indiana

Accounting November 25, 2024 

INCPAS and NABA Launch Initiative to Strengthen Talent Pipeline in Indiana

The aim of ConnectIN is to boost talent pipelines, workforce development, and entrepreneurship in accounting and other fields.

Jason Bramwell

SEC Fines UPS $45 Million Over Improperly Valued Freight Business

SEC November 25, 2024 

SEC Fines UPS $45 Million Over Improperly Valued Freight Business

UPS failed to follow generally accepted accounting principles in valuing “one of its worst performing businesses," the SEC said.

New Jersey Society of CPAs Announces 10 Winners of its CPA Exam Fee Lottery

Accounting November 25, 2024 

New Jersey Society of CPAs Announces 10 Winners of its CPA Exam Fee Lottery

The NJCPA’s CPA Exam Fee lottery was designed to partially offset the cost of preparing for and taking the CPA Exam, which can exceed more than $2,500 considering enrollment fees, review courses, study guides and other prep work.

Isaac M. O'Bannon

CFPB Finalizes Rule on Federal Oversight of Popular Digital Payment Apps

Financial Reporting November 25, 2024 

CFPB Finalizes Rule on Federal Oversight of Popular Digital Payment Apps

The Consumer Financial Protection Bureau (CFPB) has finalized a rule to supervise the largest nonbank companies offering digital funds transfer and payment wallet apps.

Isaac M. O'Bannon

Charitable Giving is Feeling Squeeze of Tight Economy

Nonprofit November 25, 2024 

Charitable Giving is Feeling Squeeze of Tight Economy

Three in ten (29%) Americans report that they have given less to charity this year compared to the year before and a full half (51%) feel they don’t have enough money to give to charity at all.

Isaac M. O'Bannon

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