The rapid advance of technology has resulted in CPA firms hiring more nonaccounting graduates in order to integrate new tools into their practice. For example, one national firm leader reported that ...

For many years, internal controls have been the focus of auditors’ risk assessment as they seek to attest that the control environment is working effectively to minimize the potential for fraud. As ...

Many taxpayers oversimplify the rules surrounding the charitable contribution deduction. Most are aware that contributions to public charities were previously deductible up to 50% of adjusted gross ...

The Coronavirus Aid, Relief, and Economic Security (CARES) Act, passed in March 2020, temporarily removed the adjusted gross income (AGI) limitation on the deduction of certain cash charitable ...

Everyone loves a great comeback and the accounting profession is having one. The profession is evolving, and its perceived decline could not be further from reality. At the Lubin School of Business at ...

The AICPA Code of Professional Conduct proclaims that its members should serve the public interest, defined as “the collective well-being of the community ...

The recently enacted H.R. 1, the so-called One Big Beautiful Bill Act (OBBBA), extends many of the provisions of the Tax Cuts and Jobs Act of 2017 (TCJA) that were due to sunset at the end of this ...

In Brief While many articles have discussed the declining pool of accounting graduates, relatively few have investigated ...

Proving one's ownership of cryptocurrency is relatively simple: Possession of a private key, regardless of how it was ...

Care is part of the DNA of US accounting. The AICPA has a storied history of care extending back to the 1930s, demonstrating compassion for CPAs in dire straits with the creation of the AICPA ...