Audit and tax firms have long understood that the traditional services for which they are being engaged (e.g., conducting an ...

Many corporate executives continually question and analyze their business practices to achieve their goals more effectively ...

Decentralized finance (DeFi) is an emerging peer-to-peer system for conducting financial activity on the blockchain without ...

Note from Column Editor Tracey J. Niemotko: Jack Woods is currently a senior at Marist University, pursuing a bachelor’s degree in professional accountancy.He is the founder and president of the ...

For non-U.S. citizens, the classification between resident and non-resident alien status can have a signifi-cant impact on the taxation of income earned both in the United States and abroad.

Many studies suggest fraud is more likely to occur when someone has an incentive (pressure) to commit fraud, weak controls or oversight provide an opportunity for the person to commit fraud, and the ...

Prior Recent Analyses of the ‘Independence Problem’ The pages of The CPA Journal have not lacked coverage of independence violations and suggestions of their causes and cures.Howard Levy focused on ...

The implementation of ASU 2016-15, Statement of Cash Flow Classification of Certain Cash Receipts and Cash Payments (Topic 230), has led to an increased focus on accounts receivable financing ...

Growth of Advisory Service Surpasses Audit Revenue. The data used to analyze the revenue trends for the accounting firms were compiled from surveys published by Accounting Today in its annual “Top 100 ...

In recent years, almost all state boards of accountancy have relaxed the 150-hour requirement to permit accounting undergraduate degree holders to immediately sit for the CPA exam (subject to the ...