Accounting February 28, 2025
Lease accountants have the power and intelligence to massively impact their organization’s portfolios. But are they doing it? Are their clients or the businesses they work for utilizing their expertise?
Small Business February 28, 2025
The March 21 BOI reporting deadline is no longer in effect, and no fines, penalties, and enforcement actions will be taken until a forthcoming interim final rule from FinCEN becomes effective and sets a new BOI filing due date.
Accounting February 27, 2025
A post-implementation review report released on Feb. 26 concluded the Governmental Accounting Standards Board's fair value measurement standard—Statement No. 72, Fair Value Measurement and Application—has met its objectives.
Auditing February 27, 2025
This latest knowledge check, or informal quiz, highlights various aspects of the new confirmation standard, which was approved by the PCAOB in September 2023.
Mergers and Acquisitions February 27, 2025
The top 10 accounting firm is planning to expand its presence in the Mid-Atlantic region saying Thursday it's intending to acquire Huntington, WV-based Hayflich CPAs.
Auditing February 27, 2025
Natalie Murphy, a now former audit partner at Heaton & Co., was censured and fined $50,000 by the Public Company Accounting Standards Board for violating U.S. auditing rules and standards, including failing to cooperate with an inspection.
Auditing February 26, 2025
Total monetary penalties levied by the Public Company Accounting Oversight Board set a new record for the third consecutive year in 2024 as the number of enforcement actions reached levels not seen since 2017, according to a new report released on Feb. 26 by Cornerstone Research.
Accounting February 26, 2025
The payroll solutions provider has introduced Gusto Compliance, a product designed to help small business owners know what steps they need to take to maintain compliance with common regulatory requirements.
Financial Reporting February 26, 2025
The company says the Lineos system features work together to simplify processes, enabling finance teams to shift focus from managing data to driving insights and delivering value.
AICPA February 25, 2025
The AICPA cites the need for these updates to ease the confusion created by disaster relief due to the multiple deadlines for various actions necessary to be eligible for the qualified disaster loss.
Accounting February 20, 2025
The beneficial ownership information reporting roller coaster that has been ongoing for the past two months because of various lawsuits is finally pulling into the station after a federal district court in Texas on Feb. 17 lifted the final nationwide injunction that had put the mandatory small business filings on hold since last December.
Accounting February 19, 2025
The Big Four accounting firm has informed its staff that it is ending its diversity, equity and inclusion programs, a move that comes as the new Trump administration is taking a stand against these initiatives.