Auditing
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More Rich Americans Will Soon Be Hit With an IRS Audit, Werfel Pledges
EV Makers Win Two-Year Extension to Qualify for Tax Credits
2024 Guide to State Sales Tax Holidays
Hawaii to Offer Tax Amnesty to Switch Short Term Rentals to Long Term
Only 25% of Corporate Execs Say Lease Accounting Implementation is Complete
More than half of responding executives at privately held organizations with 100 or more real estate and/or equipment leases in their portfolios describe lease accounting implementation as “difficult.”
AICPA Practice Aid Offers Guidance on Credit Losses for Auditors by Auditors
The intent of this Practice Aid is to summarize key provisions of FASB Accounting Standards Codification (ASC) 326, Financial Instruments – Credit Losses and to address key considerations in auditing the allowance for credit losses related to loans ...
Wolters Kluwer to Host 20th Annual Global TeamMate User Forum in Aurora, Colorado
Celebrating its 20th anniversary, the 2019 TeamMate User Forum will be held at the Gaylord Rockies Resort in the US and will focus on intuitive & innovative approaches that internal audit professionals need to thrive in a world of change.
AICPA Grants $650K in Scholarships
The program helps students pay for college and provides opportunities to succeed in the profession and to be even more appealing to future employers. Funded by the AICPA, the AICPA Foundation, and partners, the Legacy Scholars program consists of five ...
AICPA Foundation Awards $10K in Accounting Ph.D Scholarships
The William (Bill) Ezzell Scholarship program provides a one-time award of $10,000 to five outstanding accounting Ph.D. candidates who demonstrate significant potential to become mentors for the next generation of CPAs. The scholarship honors the late ...
Perpetual Accounting: The Future of the Profession
In a world where consumers expect convenience at the tap of their finger and efficiency is the order of the day, a new kind of accounting is beginning to take shape. Instead of completing tasks through individual, discrete customer interactions ...
AICPA’s Auditing Standards Board Proposes Amendments to New Auditor Reporting Standards
The SASs are combined with the reporting provisions of SAS No. 134, Auditor Reporting and Amendments, Including Amendments Addressing Disclosures in the Audit of Financial Statements, and other recently issued SASs. In May 2019, the ASB issued SAS ...
Which Do Investors Prefer: Good Corporate Citizenship or Tax Minimization?
As indicated earlier, the research also probes the relative weight of philanthropic and non-philanthropic CSR on these results and finds that the interaction with tax avoidance of the former, but not the latter, has a significant negative effect on ...