News
New AICPA chair pitches a people-first profession
9+ hour, 16+ min ago (1448+ words) A big college baseball fan, Jan Lewis steps up to the plate with her eyes on championing the needs of all members....
Avoiding a big tax bill on inherited IRAs
1+ mon, 1+ week ago (881+ words) The 10-year drawdown rule can trigger hefty taxes for heirs. Learn how smart planning can help....
Are you making the most of Linked In?
1+ mon, 1+ week ago (1357+ words) Linked In provides a multifaceted resource to search, network, and post content " but third-party AI tools should be treated with caution....
IFRS 18: A fundamental redesign of financial statement presentation
6+ mon, 1+ week ago (1575+ words) The new international accounting standard is aimed at more consistent reporting that's better aligned with how businesses are run. While useful, these measures are often presented outside audited financial statements, making them difficult to verify or compare. In many cases,…...
Intelligent process automation (IPA) pre-implementation planning guidelines
10+ mon, 1+ week ago (674+ words) This framework helps firms and finance departments align strategies, optimize processes, and get ready for deploying IPA. For more on IPA, see the article "Accounting Automation's Intelligent Future" immediately preceding this framework. 1. 1 Strategic Fit Assessment 1. 1. 1 Clearly align IPA initiatives with…...
Experiential learning: A game changer for accountants
3+ mon, 1+ week ago (867+ words) Online games allow students of all ages to deal with ethical dilemmas in real-world scenarios. Whether you're a first-year accounting student or a corporate controller with 20 years of experience, learning never stops. In the real world, early-career training is getting…...
Managing MNE subsidiaries during tariff shocks
6+ mon, 1+ week ago (772+ words) The TNMM requires a detailed FAR analysis of both transacting parties. The entity with the simpler FAR profile " typically, performing routine functions, assuming limited risks, and using minimal intangible assets " is selected as the tested party. Its profit margin serves…...
How to develop your'firm's transformation'strategy
11+ mon, 1+ week ago (1311+ words) The first step in building a better CPA practice is to determine a plan that makes it possible to work less while making more money. Editor's note: This is the second article in a series. For the first article, which…...
How to protect nonprofits from hidden fraud risks
2+ mon, 1+ week ago (776+ words) Another egregious case that did not receive the same level of media attention resulted in losses exceeding $100 million over 15 years. It involved the Center for Special Needs Trust Administration (CSNT), a Florida NFP that managed funds for individuals with disabilities…...
April 2026
2+ mon, 1+ week ago (148+ words) Learn how CPAs can help protect the elderly against the growing threat of artificial intelligence-powered scams using deepfakes and voice cloning. Learn how investors can manage concentrated stock risk with minimal tax impact " and why CPAs should know the options....