Decentralized finance (DeFi) is an emerging peer-to-peer system for conducting financial activity on the blockchain without ...

In Brief The recent surge in inflation has led managers to reassess the best inventory valuation methods—first-in-first-out ...

On April 22, 2024, the Office of Management and Budget (OMB) released significant revisions to Title 2 of the Code of Federal ...

As an accounting major graduating in the spring, I have had the opportunity to study the ways in which environment, social ...

In Brief Operational controls and their impact on the financial statements represent a significant challenge for management ...

While the audit process generally has an overwhelming connotation, there are several steps that a not-for-profit (NFP) ...

CPAs need to be aware of current tax developments in key states to properly advise taxpayers doing business in multiple ...

Given the recent challenges in finding and retaining high quality employees, public accounting firms have had to ask many of their current employees to do more work to fill the gap. The authors ...

CPA firms are constantly confronted by regulatory, compliance, and ethics issues in the face of an unpredictable and changing ...

As the United States becomes more diverse, ethnically and otherwise, the pressure on companies to reflect that diversity through their hiring practices has grown. But diversity—and its sibling, ...

The debate over how well the accounting curriculum in the United States serves the needs of both students and practitioners continues unabated. A key focus remains on how well students are actually ...

The recent Supreme Court decision in South Dakota v. Wayfair will expand retailers’ responsibilities to collect sales taxes on out-of-state purchases. Although the Court’s rationale was that ...