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 ...

As shown in Panel A of Exhibit 3, findings indicate that impressions of the 150-hour requirement do not appear to strongly correlate with one’s license status, years of experience, or professional ...

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 ...

The Accounting Talent Shortage The primary statistical agency for the Department of Education, the National Center for Education Statistics (NCES), reported that undergraduate enrollment, regardless ...

Many accounting leaders and observers have pointed out the need to expand the pipeline to the profession and suggested ways this could be accomplished. One such proposal is to have accounting ...

General Overview New York State licensed tax practitioners are required to comply with any and all pronouncements—whereas nonlicensed tax practitioners, including enrolled agents, are only responsible ...

Overall, what the Fraud Diamond adds is capability, the personal traits and abilities needed to recognize and exploit fraud opportunities, especially more complex opportunities. In this way, the Fraud ...

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 ...

The results of the national 25th Annual NYSSCPA–Rosenberg Practice Management Survey provide many key takeaways for CPAs in public practice. According to the survey, the accounting profession had a ...