News

With uncertainty and caution about money common, it’s important to have a firm grasp on spending habits and other aspects of ...
The deal, which includes private-equity investments, is expected to close in June. The Baker Tilly CEO will serve as leader of the combined firm until his retirement at the end of the year.
Treasury Secretary Scott Bessent said Michael Faulkender, who was confirmed as deputy Treasury secretary at the end of March, ...
The announcement by Treasury and the IRS is a reversal from January regulations. Thursday’s notice provides immediate relief ...
The Financial Accounting Foundation (FAF) annual report details its activities throughout 2024, highlighting how FASB and GASB engage with stakeholder groups to create and improve GAAP. The report ...
As the demands on modern CPAs change, so also does the CPA Exam. Updates in the design and focus of the CPA Exam have been in effect for about a year now, and two AICPA experts joined the Journal of ...
Leaning on her success as a managing partner, McCall has toured the country, sharing her vision for the future of the ...
A bipartisan House of Representatives bill that would add accounting to the STEM education program has strong support from the AICPA. The Accounting STEM Pursuit Act of 2025, introduced Monday by Reps ...
Does existing guidance on current expected credit loss (CECL) apply to not-for-profit organizations (NFPs)? The answer depends on the types of financial assets an NFP holds. FASB Accounting Standards ...