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

In Chief Counsel Advice Memorandum 202325007 (https://www.irs.gov/pub/irs-wd/202325007.pdf, Mar. 22, 2023), legal staff within the IRS determined that a worthless ...

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 ...

On December 22, 2023, New York Governor Kathy Hochul signed the LLC Transparency Act as Chapter 772 of the Laws of 2023. The act is modeled on the federal Corporate Transparency Act, which requires ...

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 ...

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 ...

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 ...

The current pathway to becoming a licensed CPA requires candidates to achieve a passing score across four separate competencies: audit (AUD), regulation (REG), financial accounting… ...

Addendum: The CPA Journal staff would like to acknowledge the recent passing of longtime Editorial Advisory Board member Sidney Kess. Over his decades of service to… ...

The CPA Journal is known as the “Voice of the Profession,” and is The New York State Society of CPA’s monthly flagship publication and top member resource. An award-winning magazine and finalist for ...