News

  • Rising costs may threaten seniors

    May 19, 2019

    Costs of housing and health care will nearly double in 10 years, according to researchers at the University of Chicago, but those aren’t the only factors that will make life harder for seniors.

  • NFP audits and independence

    May 18, 2019

    Not-for-profit entities (NFPs) can be an important market segment for public accounting firms, but NFP audits can present some unique and sometimes opaque independence issues.

  • Rewards programs and cybercrime

    May 17, 2019

    Because of all the personal information required to join a loyalty reward program, hackers are sitting up and taking notice of new cybercrime opportunities.

  • Costs and benefits of uniform guidance audits

    May 16, 2019

    CPA firms must assess their willingness to develop the audit expertise and maintain the resources necessary to provide quality uniform guidance audits.

  • IRS changes vehicle value rules

    May 15, 2019

    The IRS wants to revise its maximum-vehicle-value regulations for 2019 to make them consistent with recent statutory changes to the automobile price inflation adjustment.

  • How cybercriminals operate

    May 14, 2019

    If you’ve ever wondered how cybercriminals operate, here’s your answer: They operate much like any legitimate company.

  • New audit standards issued

    May 13, 2019

    The AICPA Auditing Standards Board (ASB) recently issued standards designed to enhance the communicative value of the auditor’s report.

  • Is growth the best strategy?

    May 11, 2019

    Sometimes growing a business doesn’t lead to long-term success. Rapid or unchecked growth can be a company’s downfall. Think carefully before embarking on a growth strategy.

  • Technology for NPOs

    May 10, 2019

    Technology can play a major role in a nonprofit organization’s (NPO) success, but it is often overlooked. The role and impact of new technology should be a priority for NPOs.

  • Tax standards update: comments requested

    May 9, 2019

    The AICPA’s Statements on Standards for Tax Services haven’t been updated in ten years. They’re doing something about that, and they want your input.