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

In Brief The recent surge in inflation has led managers to reassess the best inventory valuation methods—first-in-first-out ...

While the audit process generally has an overwhelming connotation, there are several steps that a not-for-profit (NFP) ...

On April 22, 2024, the Office of Management and Budget (OMB) released significant revisions to Title 2 of the Code of Federal ...

CPAs need to be aware of current tax developments in key states to properly advise taxpayers doing business in multiple ...

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

CPA firms are constantly confronted by regulatory, compliance, and ethics issues in the face of an unpredictable and changing ...

Over the years, Florida’s sales factor sourcing methodology for sales of other than tangible personal property has been the subject of various interpretations by both taxpayers and the Florida ...

The use of value pricing has become very popular in certain sectors in the past few years. But not many CPA firms have implemented this pricing methodology in their practices. Accountants have ...

In 2021, the IRS announced an enforcement campaign targeting high-income U.S. citizens who were purportedly claiming tax exemptions through Puerto Rico’s Act 22 and ...

The use of Special Purpose Acquisition Companies (SPAC) as a means of bringing new entities to the public markets became increasingly popular in 2020 and 2021, leading to increased scrutiny from the ...

When students decide to major in accounting, marketing is not at the top of their minds. While accounting students are likely required to take a marketing class as a business core requirement, it is ...