The accounting profession is facing a major setback. There has been a notable drop in students pursuing accounting degrees ...

The endorsed Electronic Filing and Payment Fairness Act suggests applying the “mailbox rule” to e-filed taxes.

The update notes that using AR-C section 70 is optional, but accountants can choose to apply it in full or in part as they ...

DFCC Bank has been ranked fourth among the top 20 employers in Sri Lanka for CIMA members in 2025, a recognition awarded by AICPA & CIMA at a recent ceremony in Colombo. The ranking places DFCC Bank ...

A commitment to public accounting can bring personal growth and professional fulfillment and create opportunities to find ...

Comparison of the accounting and tax treatment of interest expense may reveal crucial differences and lead to best practices ...

The American Institute of CPAs' Accounting and Review Services Committee clarified a standard on financial statement ...

The American Institute of CPAs (AICPA) and California Society of CPAs (CalCPA) have jointly called for clearer guidance on ...

The AICPA Accounting and Review Services Committee approved an update to SSARS No. 21, clarifying that practitioners are not ...

In Brief Recent events in the cryptocurrency industry highlight the risks for investors and customers—as well as auditors.

The American Institute of CPAs' Auditing Standards Board is looking for feedback on its proposed strategic plan for 2026-30.

One of them is the proposed SAS External Confirmations, which suggests revisions to the AU-C sections in AICPA Professional Standards, with comments due by 30 June. The other one is the proposed ...