Many corporate executives continually question and analyze their business practices to achieve their goals more effectively ...

A company's long-term liabilities, such as bonds payable and finance leases, arise from its future cash flow obligations.

Audit and tax firms have long understood that the traditional services for which they are being engaged (e.g., conducting an ...

Ongoing Planning, Documenting, and Preparing for Your Audit Audits tend to run smoother when NFP organizations put effort into preparing for them. This includes developing an audit plan throughout the ...

The accounting academic and practitioner communities are closely intertwined, making the developments in one discipline of paramount importance to the other. As such, all CPAs should be aware of the ...

AU-C 700 —Forming an Opinion and Reporting on Financial Statements The ASB greatly revised the form and content of the auditor’s standard report on nonissuers’ financial statements in order to meet ...

“Our Greatest Hits” is an effort to show our readers the most popular – and still avidly read – articles from our archives. This article originally appeared in our May 1993 Issue. Abstract – Community ...

The Value of Business Data Analytics Michael Parrinello, CPA, is a partner at the Bonadio Group, a mid-sized accounting firm with offices in New York, Texas, and Vermont that was named among the Top ...

In Brief Any family business, however successful, will reach a day when ownership must change hands. A plan of succession for ownership of business interests ensures that the business will continue to ...

The future of accounting education has been a topic of concern for the profession’s leaders for years in the light of demographic shifts, competition for talent, and declining enrollments. The authors ...

Currently, in order to be licensed, CPA candidates must earn a bachelor’s degree (usually 120 hours), earn 30 hours beyond the bachelor’s degree (which may entail completing a master’s degree), and ...

Data Analytics and Dirty Data Numerous articles have been written about how accountants can utilize data analytics, focusing on, for example, auditors (Susan B. Anders, “Audit Data Analytics Resources ...