Featured News
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IRS rescinds COVID-19 relief for HDHP plans
The IRS has rescinded pandemic-era guidance that allowed high-deductible health plans to cover COVID costs.
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PCAOB details priorities for audit inspections
The PCAOB released more details regarding its list of priorities for 2023 audit inspections, most notably risk of fraud, risk assessment and internal controls, and auditing and accounting risks.
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Combating the ‘quiet quit’ with solid HR practices
Creating a connected, meaningful work atmosphere can go a long way toward combating the “quiet quit” and re-sparking employee enthusiasm.
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New pilot program aims to lessen talent pipeline issues
The Experience, Learn & Earn (ELE) pilot program aims to help accounting students reach the 150-hour requirement with as much undue stress — financial and otherwise — as is reasonable.
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Tax, legal pros cautiously optimistic about generative AI
A new study from Thomson Reuters finds professionals in accounting, tax and legal remain cautiously optimistic about the use of generative artificial intelligence (AI).
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Survey: Transparency is key to business ethics
Transparency and accountability are the strongest indicators of ethical behavior by businesses, according to a new international survey.
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IRS updates list of automatic accounting method changes
The IRS has provided a comprehensive, updated list of changes in tax accounting methods to which the automatic change procedures in Rev. Proc. 2015-13, as subsequently modified, apply.
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Feedback sought on proposed changes to Code of Conduct
The Professional Ethics Executive Committee (PEEC) is seeking feedback on proposed changes to the AICPA Code of Professional Conduct.
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DOR releases May 2023 Economic Forecast Update
The Wisconsin Department of Revenue’s (DOR’s) latest economic forecast update predicts a period of below-trend growth that will continue until 2024.
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Responding to clients’ needs with the CFF credential
With specialized knowledge in fraud matters, CFF professionals are well-positioned to guide businesses through crisis management, recovery of operations and future preparedness.