Major changes to estate and gift taxes are periodically a topic of discussion in Congress and the popular press. The Tax Cuts ...

FASB News Proposal to Clarify 34 Narrow Accounting Issues In a move aimed at bringing greater accuracy to financial reporting, FASB voted on September 18 ...

IRS determined that a worthless stock loss did not occur within a disaster area and was, therefore, not deductible. The ...

FASB News GAAP Codification Improvements to be Deliberated FASB is set to convene on September 18 to deliberate on ...

Corporate mergers and acquisitions create practical and legal considerations as to whether to terminate, merge, or maintain the 401(k) plan of an acquired entity. A decision to terminate, merge, or ...

Talking about Diversity, Equity and Inclusion (DEI) in the accounting space has always been a politically charged affair. It is an area I am passionate about, but not to the extent of silencing voices ...

A focus on sustainability in academia seems to go a long way in helping younger students overcome the stereotype of isolated accountants crunching numbers. Students view sustainability concerns as a ...

The AICPA’s Auditing Standards Board (ASB) discussed a draft proposal to revise its standard on fraud during a meeting on August 22. According to a workplan discussed in May, the ASB is aiming to ...

Editors' Note: The CPA Journal staff would like to acknowledge the recent passing of longtime column editor, author, and Editorial Advisory Board member Howard Levy. His… ...

In Brief Among the many topics of concern for companies and investors interested in social responsibility is the use of minerals sourced from war zones… ...