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Recent economic developments, including shifts in inflation trends, interest rate fluctuations, global supply chain considerations, and evolving geopolitical conditions, are prompting many organizations to evaluate how recent events will impact their financial reporting processes and respective results.
View MoreOver the last few years, the accounting profession has faced continuous challenges as technology, workforce, environmental and regulatory changes have taken place. In response to these changes, TSCPA has been working to ensure that as the professional association representing CPAs in Tennessee, we are evolving as well.
View MoreCPAs and their employers can have a major positive impact on employees and the profession by talking about and supporting colleagues who are struggling with mental health issues.
View MoreOver the last two years, I shared a bold prediction in two articles in this journal.1,2 I warned about a growing threat of “stagflation,” which is the combination of slow economic growth and inflation occurring at the same time.
View MoreThe Financial Accounting Standards Board (FASB) today published an Accounting Standards Update (ASU) to provide accounting guidance for share-based consideration payable to a customer in conjunction with selling goods or services.
View MoreThe boards of directors of the American Institute of CPAs (AICPA) and National Association of State Boards of Accountancy (NASBA) have approved expansion of accountancy’s model legislation to include an additional path to CPA licensure.
View MoreThe Financial Accounting Standards Board (FASB) today published an Accounting Standards Update (ASU) that improves the requirements for identifying the accounting acquirer in FASB Accounting Standards Codification® Topic 805, Business Combinations.
View MoreEffective July 1, 2025, Public Chapter 396 (2025) requires every professional bail bondsman licensed to do business in this state to file a quarterly report with the Department of Revenue (the “Department”).
View MorePublic Chapter 364 (2025), effective July 1, 2025, subjects the first 30 days of occupancy in a short-term rental unit to the local occupancy tax, regardless of the overall length of stay.
View MoreEffective July 1, 2025, vapor products are subject to the tobacco tax at the rate of 10% of the wholesale cost price.
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