Accounting

December 7, 2020 

The CPA Exam Fee Lottery was created to offset the high cost of taking the CPA Exam, which can often exceed $1,000 when factoring in all four parts of the Exam and initial application fees. Exam takers can also incur additional fees of several thousand...

December 7, 2020 

Wolters Kluwer Tax & Accounting has announced the addition of new capabilities to its innovative TeamMate Analytics solution used by external auditors at tax and accounting firms, as well as by internal audit departments in businesses and ...

December 4, 2020 

The letter states that without legislation, there is “…the specter or a surprise tax increase of up to 37 percent on small businesses when they file their taxes for 2020.”

December 3, 2020 

The CAQ has released a new report with data and analysis on the first year that critical audit matters (CAMs) were included in auditor reports. Consistent with the requirements of the Public Company Accounting Oversight Board (PCAOB), the ...

December 3, 2020 

Zaniewski will lead AICPA’s state regulatory and legislative efforts and build strong, collaborative relationships with internal and external stakeholders on issues that impact the CPA profession. She will serve as the AICPA’s primary voice and ...

December 1, 2020 

The AICPA offers a variety of scholarships, ranging from high school students studying advanced high school accounting to college undergraduate and graduate students working to become CPAs to practicing CPAs who wish to earn doctorates and become ...

December 1, 2020 

More than two thirds (67.6%) of CEOs saw the passage of a new federal COVID-19 stimulus package as one of the three most important government policy initiatives for a Biden Administration, with nearly half (45.6%) selecting it as the top initiative.

November 28, 2020 

Although the CARES Act Payroll Protection Program’s (PPP) loan application period closed last August, you most likely have clients who received funding and now need to plan for loan forgiveness. The rules changed since the program began.

Nellie Akalp

November 28, 2020 

With the pandemic causing vastly more businesses to have employees work remotely, including accounting and bookkeepers, its even more important that businesses who receive checks move their clients to the more secure and manageable process of ...

November 25, 2020 

The CARES Act includes several temporary tax changes helping charities, including the special $300 deduction designed especially for people who choose to take the standard deduction, rather than itemizing their deductions.

November 25, 2020 

In a letter sent today to the Small Business Administration (SBA) and the Office of Management and Budget (OMB), the American Institute of CPAs (AICPA) has reiterated that the new PPP “Loan Necessity Questionnaires” are burdensome and do not ...

November 24, 2020 

Ahead of IIRC and SASB conferences next week, the Association of International Certified Professional Accountants (the Association) shared its 2021 plans to deliver education and resources that assist accountants with reporting on and assurance of ...