May 27, 2021, 07:59 AM by James P. Swanick, CPA, and Michael J. Tighe, CPA

Takes a look at how tax changes driven by the Biden administration could affect both investors and businesses involved in merger and acquisition discussions.

May 27, 2021, 07:53 AM by Heather M. Demshock, CPA

Details the many different service opportunities that have opened up for CPA firms as a result of the coronavirus pandemic and what that means for CPA ethics.

May 27, 2021, 06:39 AM by James W. Sunday, CMA

Discusses the evolution of fraud models that are designed to help CPAs understand the occurrence of fraud.

May 27, 2021, 06:30 AM by Laurie A. Siebert, CPA, CFP, AEP

Details the travails of personal financial planning for clients in a time of continuing legislative change due to coronavirus.

May 26, 2021, 09:57 AM by Khaled Abdel Ghany, CPA, PhD

Discusses the new SSAE 19 requirements and how the changes could benefit state and local governments.

May 26, 2021, 09:43 AM by Jeff Cook, CPA, CITP, CISA

Addresses the increasing utilization of automation to make the execution of SOC 2 audits cheaper and more efficient.

May 26, 2021, 09:29 AM by Elisabeth Felten, CPA

Takes a look at the testing accommodations available to candidates who must manage their disabilities while they venture to complete the CPA Exam.

May 26, 2021, 09:20 AM by Irene M. Walton

Explores the top operational concerns for CPA firms as it pertains to performing work in a remote environment.

May 26, 2021, 09:01 AM by Robert Bloom, PhD, and Mark J. Myring, PhD

Addresses the increasing importance of social responsibility in the minds of corporate leaders.

May 26, 2021, 08:47 AM by James J. Newhard, CPA

Catches us up with the status of how CPAs should respond to a client's noncompliance with laws and regulations.

May 26, 2021, 08:35 AM by Steven G. Blum, CPA, CFE

Explores the intricacies of the whistleblower investigation process, including best practices for guiding the company response and conducting remediation based on findings.

May 26, 2021, 08:14 AM by J. L. “John” Alarcon, CPA, CGMA, CITP, Yue Liu, PhD, Kevin C. Moffitt, PhD, and Sheneya Wilson, CPA

Text analytics, also referred to as text mining or textual analysis, consists of data mining techniques and software programs that analyze and extract insights from unstructured textual data, such as PDF documents, HTML pages, emails, and social media posts. These techniques have been generally used in academia, library services, artificial intelligence (AI) research, and marketing.

May 26, 2021, 07:56 AM by Michael Beck, JD, and Alycia Solecki, EA

Of the many factors that go into a nonprofit achieving its mission, one of the most important assets sometimes goes overlooked: tax exemption. The benefit provided at the federal, state, and local levels frees essential funds to support operations that otherwise would be paid out in taxes. This can often be the difference between success or failure.

Apr 29, 2021, 13:51 PM by James J. Newhard, CPA

On Dec. 22, 2017, President Donald Trump signed the Tax Cuts and Jobs Act. Several provisions have extraordinary implications to financial statement reporting under generally accepted accounting principles in the United States. ASC 740, Accounting for Income Tax, is fairly extensive and robust, but there is no precedent for the extent of corporate changes found in the Tax Act.

Apr 29, 2021, 13:50 PM by Robert E. Duquette, CPA

The Tax Cuts and Jobs Act provides a significant benefit for many business owners in the form of a 20 percent deduction of their qualifying business income from a pass-through entity. Unfortunately, there is a high level of complexity, ambiguity, and lack of official guidance in trying to determine what type of income qualifies and how much. Taxpayers and their advisers need answers.

Apr 29, 2021, 13:49 PM by Matthew D. Melinson, CPA, Drew VandenBrul, CPA, and Katherine M. Piazza, JD

When the Tax Cuts and Jobs Act was signed into law on Dec. 22, 2017, the primary focus naturally fell on federal and international taxes, which were directly affected. However, there will be related impacts on the 50 states and many localities that will be diverse, compelling, and ongoing for years to come.

Apr 29, 2021, 13:48 PM by Sean J. Brennan, CPA

The Tax Cuts and Jobs Act of 2017 is the most significant reform to the Internal Revenue Code since the 1986 Tax Reform Act. The Tax Act dramatically changes 2018 tax filing for both individuals and corporations. This article focuses mainly on the changes affecting individual tax filers.

Mar 16, 2021, 09:27 AM by Jonathan S. Ziss, JD

On Dec. 28, 2017, a federal court in Alabama ruled in favor of the Federal Deposit Insurance Corporation in a case against PwC arising from a bank failure after a massive fraud was discovered between a bank and one of its customers. This was the second case against PwC related to the failure of Colonial Bank.

Mar 16, 2021, 09:25 AM by Rodger J. Krause, CPA

There is considerable disagreement between CPAs and attorneys as to exactly what CPAs can do in the area of advice and what constitutes the practice of law – especially since “practice of law” is a nebulous term without clear definition. Most of the disagreement often seems to come to a boil in the area of tax practice. The situation hasn’t been helped or made any clearer now that many big firms employ lawyers who prepare tax returns.

Mar 16, 2021, 09:23 AM by Sheila A. Border, CPA

Much has been publicized about new revenue recognition standards, but it is important to note that there also are new rules for “other income,” based in part on principles within Accounting Standards Codification (ASC) 606, Revenue from Contracts with Customers.