This column explores a much-needed book that examines DEI in accounting from the European perspective. All too often, DEI in ...

Sustainability accounting and reporting (SAR) is reshaping how students view the accounting profession, broadening the ...

CPAs often talk about being proactive advisors, yet many firms still prepare returns with only the information clients hand ...

The IRS is currently undertaking one of the most significant technology modernization efforts in its history. Still, much of ...

FASB’s long-debated exposure draft of a new standard on accounting for leases has raised the possibility that almost all leases will need to be capitalized in the near future. Although some of the ...

As the baby boomers enter their sunset years, many of them will use traditional Individual Retirement Accounts (IRA) to support themselves in retirement. For a large number of boomers, traditional ...

In 2022, the Auditing Standards Board (ASB) issued new standards dealing with quality management (QM) that will become effective December 15, 2025. The ASB sets standards to be generally consistent ...

Many CPAs who represent notfor-profit clients and serve on not-for-profit boards may be interested in a web page created by the National Council of Nonprofits, “The ...

The One Big Beautiful Bill Act (OBBBA), passed July 4, 2025, will bring sweeping changes to federal corporate and individual tax rules. Many of these federal tax changes will also have a cascading ...

On February 25, 2016, FASB, in collaboration with the International Accounting Standards Board (IASB), released Accounting Standards Update (ASU) 2016-02, Leases (Topic 842), in order to improve the ...