Under the new rules, board-registered public accounting firms that audit one ... have a public float of $700 million or more. The AICPA expressed caution soon after the PCAOB voted to approve the new ...

National Taxpayer Advocate Erin Collins released her annual report to Congress, highlighting improvements in taxpayer service ...

“The 150-hour rule ... Accounting Today has consistently ranked him the most influential person in the profession. A new flashpoint is over the detail of the on-the-job training that the AICPA ...

After a two-and-a-half-year lull in SPAC activity, the second half of 2024 brought glimmers of sunshine to the otherwise ...

The AICPA updated its digital assets practice aid to assist practitioners with newly effective FASB standards.

Among the questions addressed in the practice aid are the inclusion of “wrapped tokens” within the scope of FASB ASC 350-60.

In Brief The supply of new accounting students and CPAs—the pipeline to the profession—has been a topic of growing concern ...

Last year the AICPA, a leading industry player that had been critical ... “There is a shared urgency about solving accounting’s talent shortage. Stakeholders from across the profession have the same ...

Generally accepted accounting principles are accounting rules and standards that most U.S. corporations follow. They are used by companies when they prepare, present, and report their financial ...