CPA Practice

JUNE 1, 2023

Coalition Calls Attention to New Beneficial Ownership Information Reporting Requirements The American Institute of CPAs (AICPA) recently joined a coalition of organizations that have come together to make taxpayers and practitioners aware of the new Beneficial Ownership Information (BOI) reporting requirement.

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Going Concern

JULY 22, 2022

Global Rulemakers Say It’s Time to Fix Goodwill Accounting [ Bloomberg Tax ] The International Accounting Standards Board said Thursday that it would decide whether to change the rules covering acquisition accounting at its next meeting. CPA Practice Advisor ] Accounting had the third-lowest average turnover rate (9.4

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Going Concern

JUNE 17, 2022

World-wide, startups making AI-powered accounting software amassed $233.3 million in funding for all of 2021, according to research provider PitchBook Data Inc. While accounting technology is moving fast, some firms are still moving slow: #TaxTwitter I just got a customer service request from a CPA firm via SNAIL MAIL.

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