Frasier Receives CPA of the Year Award From Tennessee Society of CPAs
Charles Frasier, CPA, of Nashville, was recently presented with the Tennessee Society of Certified Public Accountants’ (TSCPA) 2024 TSCPApex CPA of the Year Award.
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Day Receives TSCPA John Glenn Award for Top Score on Uniform CPA Exam in Tennessee
The Tennessee Society of Certified Public Accountants (TSCPA) has named Nathaniel Day as the recipient of the 2024 TSCPA John Glenn Award.
View MorePCAOB Updates Its Standards To Clarify Auditor Responsibilities When Using Technology-Assisted Analysis
The Public Company Accounting Oversight Board (PCAOB) today adopted amendments to two PCAOB auditing standards, AS 1105, Audit Evidence, and AS 2301, The Auditor’s Responses to the Risks of Material Misstatement, addressing aspects of audit procedures that involve technology-assisted analysis of information in electronic form.
View MorePCAOB Modernizes Its Rules by Strengthening Accountability for Contributing to Firm Violations
The Public Company Accounting Oversight Board (PCAOB) today approved the adoption of an amendment to PCAOB Rule 3502, previously titled Responsibility Not to Knowingly or Recklessly Contribute to Violations.
View MoreAICPA Recognizes Extraordinary 2023 CPA Exam Performers with Elijah Watt Sells Award
The American Institute of CPAs (AICPA) is pleased to announce the 40 winners of the 2023 Elijah Watt Sells Award.
View MoreIRS makes Direct File a permanent option to file federal tax returns; expanded access for more taxpayers planned for the 2025 filing season
Following a successful filing season pilot and feedback from a variety of partners, the Internal Revenue Service announced today that it will make Direct File a permanent option for filing federal tax returns starting in the 2025 tax season.
View MoreGASB Issues Guidance to Improve Key Components of Government Financial Reports
The Governmental Accounting Standards Board (GASB) today issued guidance designed to improve key components of the financial reporting model—the blueprint for governmental financial reports.
View MoreTennessee Department of Revenue Updates Sales and Use Tax Manual
The Tennessee Department of Revenue has updated the Sales and Use Tax Manual.
View MoreImportant Notice #24-08: Tennessee Works Tax Act Updates - Sourcing
On May 11, 2023, Governor Lee signed into law the Tennessee Works Tax Act (“TWTA”), Public Chapter 377 (2023).
View MoreImportant Notice #24-07: Local Tax on Food and Food Ingredients
Pub. Ch. 917 (2024) creates a new "city tax rate" that may apply to the retail sale of food and food ingredients.
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