IN BRIEF The challenge of attracting students to the profession is not uniform across all areas of practice. This article ...

Artificial intelligence (AI) is already transforming accounting practice and education; CPAs need to learn how to adapt in this new environment and capitalize upon the opportunities it presents. This ...

Artificial intelligence (AI) is forcing the accounting profession to ask hard questions, like: What work will AI perform?

The evolution of organizational governance and board of directors’ responsibilities continues. In recent years, the actions of shareholder activists’ groups, securities regulators, and courts, as well ...

Distributions made from a retirement account are generally taxed as ordinary income, but net unrealized appreciation (NUA) is a special rule applicable for employer securities distributed from a ...

Foreign financial accounts serve many entirely legitimate purposes for US taxpayers, from diversification of wealth to the practical needs of cross-border life and business. These same accounts also ...

The audit professionals that were interviewed are employed by various types of institutions—both for-profit and nonprofit firms of varying sizes in different industries. The auditors included range ...

The US Securities and Exchange Commission is currently evaluating aspects of the public company reporting framework, including whether quarterly reporting should remain mandatory or whether to shift ...

The CPA Journal is a publication of the New York State Society of CPAs, and is internationally recognized as an outstanding, technical-refereed publication for accounting practitioners, educators, and ...

Generally accepted audit standards (GAAS) require an auditor to communicate significant findings from the audit to those charged with governance in the entity being audited,… ...

IN BRIEF During the debate over the newly enacted federal tax law, legislators promised to eliminate taxes on tipped income. The bill's final provisions included… ...