Q. I often calculate cumulative financial results in Excel by copying formulas down a column. Is there a more efficient and reliable method? Let’s look at an ...

The Ninth Circuit, affirming the Tax Court, recently held that to deduct a nonbusiness bad debt, the debt must be “wholly worthless,” and if the debtor reports cancellation-of-debt (COD) income, the ...

The board that oversees audits of public companies proposed six goals in a draft of its 2026–2030 strategic plan.

While more than 9 in 10 senior finance leaders in a recent survey said they’re under career pressure to demonstrate a return ...

Automation and artificial intelligence (AI) are accelerating the evolution of leadership responsibilities in the finance department, with cascading consequences for roles down the line. CFOs are ...

The midyear change follows an increase in gasoline prices, according to the IRS. It is the first such midyear adjustment ...

Daniel Burrus has quite a history as a futurist. Over the past 40 years, the New York Times bestselling author has delivered keynote speeches at more than 3,000 conferences worldwide, advised numerous ...

SAS No. 150, External Confirmations, published Monday following an AICPA Auditing Standards Board vote in May, is designed to ...

Editor’s note: This is the first of two parts. Part 2, running in August and titled “How to Set Up an Effective Internship Program,” examines the critical role of college-level accounting internships.

A district court held the IRS had not violated the Due Process Clause of the Fifth Amendment or the APA by its revocation of a tax preparation company’s EFINs and its expulsion of the company from the ...