FASB is taking aim at the confusing array of non-GAAP financial measures that companies use to report their performance, seeking to bring order to a system that has long frustrated investors and ...

The best compliment I ever received was, “You’re not the typical accountant.” I’ve had a very rewarding career in public accounting. Upon graduation from college, after receiving offers from all of ...

I will forever say that accounting is the best profession in the world and I am grateful to be a part of it. Some will think ...

In this personal reminiscence, one accounting professor recounts her journey from public accounting into academia. Rather ...

Updates on exempt organizations How to mitigate risks and identify high-risk areas Anti-money laundering, updates on IRS offshore regulations and assessments, FATCA issues Not-for-profit management ...

FASB issued a proposal on November 13 that would simplify its guidance on interim reporting, aimed at boosting the consistency and clarity of financial disclosures provided to investors on a quarterly ...

In Charles G. Moore v. United States (No. 22-800), petitioners challenged Congress’s authority to tax unrealized gains under the Sixteenth Amendment. The tax at issue was the Mandatory Repatriation ...

In a landmark term for administrative law, the Supreme Court issued two opinions earlier this summer that will have significant implications for future litigation regarding executive agency actions.

FASB has issued new guidance aimed at enhancing the transparency and clarity of corporate expense reporting, in a move that could significantly impact how public companies disclose financial ...

The passage of the landmark Bipartisan Infrastructure Law (Infrastructure Investment and Jobs Act, IIJA) by Congress underscores the urgent need for CPAs to engage actively in the political arena. As ...