Featured News

The IRS has announced that corporations that want to participate in the Compliance Assurance Process (CAP) for the 2020 program year must apply between Sept. 16 and Oct. 31.

The AICPA has developed some free resources to help auditors comply with two important auditing standards that are being missed too often.

ASC 606 replaces nearly all previous existing revenue recognition guidance, including industry-specific guidance. A new guide can help you unravel the new standard’s complexities.

As a result of recent Tax Court cases involving captive insurance companies with the IRS prevailing, the agency is issuing letters about a settlement arrangement to impacted taxpayers under audit for this issue.

CPAs have an opportunity to be an integral part of the changing corporate reporting landscape and the evolution of capital markets and marketplace demand.

Audit data analytics (ADAs) comprise a technique that can help you leverage current technologies and move toward a more data-driven approach to planning or performing an audit.

What really drives people to succeed, and how can leaders tap into that to motivate professional staff and begin to groom future leaders?

The number of contracts with embedded leases will likely rise as companies increasingly rely on outsourcing through supply and service contracts, many of which may now qualify as leases.

Treasury has revealed a plan to end government control of Fannie Mae and Freddie Mac, the mortgage companies that were bailed out during the 2008 recession.

Treasury issued proposed regulations that provide new rules on how taxpayers treat advance-payment income under new book-tax conformity rules.