AICPA News Mark Koziel Appointed Next CEO of AICPA and CIMA The Association of International Certified Professional ...

Talking about Diversity, Equity and Inclusion (DEI) in the accounting space has always been a politically charged affair. It is an area I am passionate about, but not to the extent of silencing voices ...

In Chief Counsel Advice Memorandum 202325007 (https://www.irs.gov/pub/irs-wd/202325007.pdf, Mar. 22, 2023), legal staff within the IRS determined that a worthless ...

Recently I wrote a short piece concluding that audit opinions still matter. I drafted this essay within the judicial context of a class action lawsuit, which asserted that BDO had committed fraud, or ...

Planning for 2025 is becoming a hotter topic as the scheduled halving of the transfer tax exemption draws closer. But while many are focusing on the end of 2025 as the critical deadline, the end of ...

Terminally ill individuals often desire to benefit the people and institutions they love by means of actionable and effective tax planning, even in the final period of their life. These taxpayers, ...

A focus on sustainability in academia seems to go a long way in helping younger students overcome the stereotype of isolated accountants crunching numbers. Students view sustainability concerns as a ...

I read with interest the article titled “The Fraud Diamond: A 20-Year Retrospective” in the March/April 2024 CPA Journal. I also remember reading the original in 2004. Like then, I now still disagree ...

3. When is a worker eligible for Social Security? Once individuals have worked 40 quarters, they are considered fully insured. A qualifying quarter in 2024 for an employee will require at least $1,730 ...

On September 25, FASB proposed five areas of targeted changes to hedge accounting rules to better align financial reporting with economic realities and simplify the rules. The proposal aims to ...

The liquidation of a partner's entire partnership interest can take various forms, including payment made by the partnership to the retiring partner in complete redemption… ...

The first thing to know about this book is that the title—which admittedly sounds a bit corny and perhaps self-aggrandizing—does not do it justice. The book is arranged in meaningful vignettes, more ...