Various issues that have been identified as worthy of attention by the Governmental Accounting Standards Board are addressed in an omnibus proposed standard issued Monday. Derivative instruments, ...

The coronavirus pandemic has led to numerous financial reporting challenges for CPAs that didn’t seem to have easy answers in U.S. GAAP. Although the foundational rules for U.S. financial reporting ...

For a designated Roth account, the plan must maintain separate accounts and recordkeeping for each employee’s designated Roth contributions and any earnings that are allocated to the contributions. 1 ...

While the pipeline of accounting graduates shrank again last year, the YoY rate of decline in diplomas conferred ebbed too, ...

The inaugural batch of young accountants to participate in a pilot program helping accounting graduates earn the 150-credit requirement for CPA licensure are wrapping up their first semester.

Everyone loves a great comeback and the accounting profession is having one. The profession is evolving, and its perceived ...

Last year, an independent arbitrator ruled that the Internal Revenue Service violated federal law when it required applicants for its revenue agent position to have six credits more of accounting over ...

If not remedied, the current shortage of academically qualified accounting faculty stands to affect student learning and the ...

The forthcoming ePub editions are designed to offer enhanced features for users, allowing them to make annotations.

We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. This article has ...