TSCPA News

a focus on disclosure updates- the FASB's proposed updates that enhance transparency

A Focus on Disclosure Updates: The FASB’s Proposed Updates That Enhance Transparency

Disclosures are an important and necessary component of financial reports. Disclosures support financial statements with relevant and necessary information. Disclosures are one of the primary means of understanding and explaining the numbers on the face of the financial statements.

A Focus on Disclosure Updates: The FASB’s Proposed Updates That Enhance Transparency Read More »

Compliance with the federal trade commission safeguards rule

Compliance With the Federal Trade Commission “Safeguards Rule”

The Gramm-Leach-Bliley Act (GLBA) was passed by Congress in 1999 with bipartisan support. A component of the GLBA, its Safeguards Rule, was first established in 2003, and required organizations defined as “financial institutions” to establish measures to keep their customers’ private information secure.

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future of the profession

Tennessee CPA Talent Strategy Series: The Future of the Profession

According to a spring 2023 survey for Accounting Today’s Top 100 Firms and Regional Leaders report, the country’s leading accounting firms identified 20 major problems they’ll be dealing with in the future. Staffing, and staffing-related issues, make up the top five spots out of the 20 identified. This two-part article series takes a deep dive into the challenges the CPA profession is facing related to talent recruitment and retention.

Tennessee CPA Talent Strategy Series: The Future of the Profession Read More »

TSCPA Supports Comment Letter Calling for an Extension and Expansion in Beneficial Ownership Reporting Requirements

TSCPA has joined AICPA and dozens of other state CPA societies to ask the Financial Crimes Enforcement Network to extend and expand the deadline for beneficial ownership information reporting requirements, specifically for Reporting Companies Created or Registered in 2024.

TSCPA Supports Comment Letter Calling for an Extension and Expansion in Beneficial Ownership Reporting Requirements Read More »

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