Estate Planning Before 2026
Estate planning can be a morbid matter that may only impact a small percentage of taxpayers.
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Regulating an Evolving Profession: Summary of Current PCAOB Standard-Setting Activities
The quality of financial reports encourages, fosters and promotes public trust, which is an important tenet of public confidence.
View More2024 Ethics Update – Planning To Fail? Or Planning To Succeed?
Harvey S. Firestone observed that “fundamental honesty is the keystone of business.”
View MoreAn Update to the Quality Management Standards
SAS 146, entitled Quality Management for an Engagement Conducted in Accordance With Generally Accepted Auditing Standards, was issued as part of the “suite of quality management standards.”
View More2024 SEC Enforcement Priorities Eye New Crypto Investors
Cryptocurrencies have grown rapidly since the 2008 financial crisis as an alternative to the traditional banking system and fiat currencies, attracting deep-pocketed billionaires and young, affluent, crypto-friendly investors.
View MoreWhat Some Leaders Get Wrong: An Experienced Consultant’s Inside View
When one shakes a snow globe, snow falls onto an idyllic scene. No matter how hard the globe is shaken, the scene remains unchanged. To change the scene, one would have to dismantle the snow globe, change it, then reassemble it. Alternatively, one could start from scratch, creating a new snow globe. Sometimes, leaders lack the courage to dismantle the snow globe or create a new one.
View MoreAddressing the CPA Shortage, One STEM Accreditation at a Time
In 2021, U.S. Reps. Haley Stevens, D-Mich., and Victoria Spartz, R-Ind., introduced a piece of legislation that had the power to rewrite the STEM landscape.
View MoreNPAG Accounting Talent Strategy Report: Recommendation #1 – Make the Academic Experience More Engaging
In its research, NPAG received feedback from college students that accounting coursework needs to continue to evolve in order to attract more business students to the major and ultimately follow through with pursuing an accounting career.
View MoreAICPA and NASBA Seek Input on Proposed Additional Pathway to CPA Licensure
In a joint effort to support the next generation of accountants while maintaining accounting’s rigorous public protection mandate, the American Institute of CPAs (AICPA) and the National Association of State Boards of Accountancy (NASBA) have proposed an initiative aimed at helping Certified Public Accountant (CPA) candidates meet initial licensure requirements.
View MoreIRS issues proposed regulations for Corporate Alternative Minimum Tax
The Internal Revenue Service today issued proposed regulations to provide guidance on the Corporate Alternative Minimum Tax (CAMT).
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