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

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 ...

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

Certain accounting standards are specific to donations, contributions, and grants from governments and foundations and are ...

For many years, the CPA profession has faced a serious challenge: the accounting pipeline is narrowing, with fewer students choosing to study accounting, fewer accounting graduates being hired in ...

The recent U.S. inflation measures show that high prices have not departed yet—and they continue to fuel an affordability crisis in critical sectors like healthcare, housing, food, and education. For ...

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 ...

Given the recent challenges in finding and retaining high quality employees, public accounting firms have had to ask many of their current employees to do more work to fill the gap. The authors ...

Note from Column Editor Tracey J. Niemotko: Jack Hakula graduated from Marist College in May 2023 with an accounting degree and is pursuing a graduate degree in accounting, auditing, and control at ...