Featured News
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AICPA seeks input for redesigned 2024 CPA Exam Blueprints
The AICPA is seeking input on the proposed 2024 CPA Exam Blueprints through Sept. 30.
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Audit partners think inflation will persist, survey says
Three out of four public company audit partners believe inflationary concerns may persist well into 2023 and beyond, according to a new survey by the Center for Audit Quality.
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Recovering from work-related stress
A crucial part of stress management is recovery, to when workers’ bodies and minds reset to the pre-stress state.
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Proposed regulations would define Sec.1256 foreign currency contracts
Proposed regulations from the IRS and Treasury would define foreign currency contracts subject to the Sec.1256 mark-to-market rules as only including forward contracts.
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Black CPA Centennial announces scholarship recipients
The Black CPA Centennial, a national initiative to provide financial support to Black accounting students, recently awarded 100 scholarships across the U.S. totaling $93,500.
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Getting the most out of accounting conferences
Considering what you’re spending to attend various accounting conferences, it’s important to get the most out of your time and energy.
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FASB adds three new projects to technical agenda
FASB recently issued its 2021 FASB Agenda Consultation Report, which announced the addition of three new projects to its technical agenda.
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ETAAC praises IRS e-file initiatives, stresses more funding
The Electronic Tax Administration Advisory Committee’s (ETAAC’s) annual report praised IRS improvements on the e-file process but said the agency will need more funding support.
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Consumer confidence index on the slide
U.S. consumer confidence sharply fell in June as worries about high inflation left consumers anticipating economic growth would significantly weaken in the second half of 2022.
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IRS proposes regulations on estate tax deductions
The IRS and Treasury have proposed regulations incorporating present-value principles by which an estate may deduct certain expenses and claims against the estate.