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

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.

Decentralized finance (DeFi) is an emerging peer-to-peer system for conducting financial activity on the blockchain without ...

A comprehensive list of all articles and content categorized as March/April 2025 in The CPA Journal.

The recent U.S. inflation measures show that high prices have not departed yet—and they continue to fuel an affordability crisis in critical sectors like healthcare, housing, food, and education. For ...

The Netherlands may be considered a model for the human capital balancing act. An ambitious nation with renowned, long-standing companies as well as start-ups, the Netherlands has provided high ...

In May 2024, the PCAOB revised its quality control standard, A Firm’s System of Quality Control. PCAOB-registered CPA firms should follow this standard, which is outside the scope of this article, ...

The Birth of Market-Based Sourcing in Florida The Florida regulations generally require the sales of other than tangible personal property (other sales) to be sourced to Florida when the “greater ...

The use of value pricing has become very popular in certain sectors in the past few years. But not many CPA firms have implemented this pricing methodology in their practices. Accountants have ...

The U.S. accounting profession is facing a diversity crisis, with many accountants leaving or avoiding the field altogether (Jacqueline Burke and Ralph Polimeni, “The Accounting Profession Is in ...

Theft Loss Under IRC section 165 For many victims, having their funds stolen may only be the start of their troubles. If the money stolen from them was taxable income, or the theft triggered taxable ...