There has been growing pressure—from investors, from the Financial Stability Board (FSB), and from the International Organization of Securities Commissions (IOSCO)—for companies to disclose their… ...

The accounting profession is facing a severe crisis due to a shortage of accountants. Significantly fewer students have ...

Continuing Issues with Poor Audit Quality There continue to be issues with the quality of audits performed by CPAs. In October 2008, the U.S. Treasury Department’s Advisory Committee on the Auditing ...

Although still in the proposal stage, there has been substantial movement by both FASB and the SEC on major issues discussed by this author in his earlier CPA Journal article “Finding the Forest Among ...

In Brief Over the years, numerous studies have revealed racial disparities in hiring practices, specifically detailing the ...

As an accounting major graduating in the spring, I have had the opportunity to study the ways in which environment, social ...

While NASBA and the AICPA have long supported the 150-hour pathway to CPA licensure, opinions differ as to whether the 30 ...

In Brief Operational controls and their impact on the financial statements represent a significant challenge for management ...

What Is Succession Planning? Succession planning is the process of developing a written plan for an occasion when an owner decides, or is forced, to step down from an ownership and leadership role in ...

In Brief Trusts enable individuals to ensure the financial health of loved ones long after they are gone, but only if they are properly set up and administered. Trustees bear a great personal ...

The Value of Business Data Analytics Michael Parrinello, CPA, is a partner at the Bonadio Group, a mid-sized accounting firm with offices in New York, Texas, and Vermont that was named among the Top ...