Federal Reserve Launches System for Instant Payments
The Federal Reserve recently announced that its new system for instant payments, the FedNow® Service, is now live.
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PCAOB Launches New Search Filters for Inspections Database
The Public Company Accounting Oversight Board recently released an array of website transparency enhancements intended to allow investors, audit committee members and other stakeholders to better access and understand data from PCAOB inspection reports.
View MoreIRS Reminds Storm Victims of July 31 Filing and Payment Date
The IRS recently reminded individuals and businesses in parts of four states, including Tennessee, that their 2022 federal income tax returns and tax payments are due on Monday, July 31, 2023.
View MoreMeet TSCPA Chair: Jonathan Bailey, CPA, CGMA
Although many in the accounting profession are concerned about the CPA pipeline, Jonathan Bailey, CPA, CGMA, remains confident.
View MoreTSCPA Welcomes 29 Successful Candidates Who Recently Passed the CPA Exam
See the list of Successful Candidates who recently passed the CPA Exam.
View MoreTips for Communicating With Staff During an M&A
For public accounting firms, the completion of a successful merger requires careful consideration of the services, processes and people of both of the firms involved.
View MoreEnhanced Auditor Guidance for Identifying and Assessing the Risk of Material Misstatement
The Auditing Standards Board (ASB) issued SAS 145, Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement, in 2021. SAS 145 updates AU-C 315 by enhancing the guidance related to understanding an entity and assessing risks of material misstatement.
View MoreTSCPA State Tax Liaison Meeting Summary
TSCPA’s State Tax Committee met with representatives from the Tennessee Department of Revenue at the State Tax Liaison meeting on June 7.
View More2023 Ethics Update – What’s Your Ethical Insight?
Mark Twain observed that “it is curious to reflect on how history repeats itself the world over.” Certainly, a study of complaints opened by the Tennessee State Board of Accountancy shows how some issues tend to repeat themselves year after year.
View MoreAre Secure Passwords Still a Thing?
Most cybercrimes occur because of stolen passwords. Traditionally, passwords have been the go-to security method and first line of defense for protecting systems.
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