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

Given the recent challenges in finding and retaining high quality employees, public accounting firms have had to ask many of ...

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

The recent U.S. inflation measures show that high prices have not departed yet—and they continue to fuel an affordability ...

For many years, the CPA profession has faced a serious challenge: the accounting pipeline is narrowing, with fewer students ...

Certain accounting standards are specific to donations, contributions, and grants from governments and foundations and are uniquely applicable to ...

Changing educational requirements to sit for the CPA Exam are throwing the future of accounting education into doubt. In the years since the 150-hour requirement has been established, it is ...

The world of forensic accounting has been developing for the past 70 years. Some credit the beginning of the understanding of fraud as a subject of scientific study to the 1934 work of Donald Cressey ...

The well-known fraud triangle framework includes three distinct components—perceived pressures, perceived opportunities, and rationalizations—but until recently very little was known about ...

Classifying a worker as an employee or an independent contractor has a significant effect on the cost of employing that individual. For this reason, the IRS and Department of Labor pay close attention ...