CPA Practice

OCTOBER 22, 2024

Top 75 accounting firm PBMares is expanding its presence in the Washington, D.C. metro area by merging in BSB CPAs + Advisors, a top 400 tax and accounting firm based in Fairfax, VA, effective Jan. Financial terms of the deal weren’t disclosed.

Virginia

Going Concern

JULY 7, 2023

Back to the reason why we’re here, the AICPA has posted a call to all CPAs to help set passing scores for the 2024 CPA exam. If you answered yes to all the above, you can volunteer and participate in determining the passing score for the 2024 CPA Exam. Candidates, please do not blow that inbox up with your CPA exam gripes.

cpas

PYMNTS

JUNE 10, 2019

Certified Professional Accountants (CPAs) in California are calling on an industry watchdog to clarify standards for cryptocurrency accounting, with expectations that corporations will increase their use of cryptocurrencies moving forward.

cpas

CPA Practice

JULY 16, 2024

The American Institute of CPAs and the National Association of State Boards of Accountancy have expanded international testing availability of the U.S. CPA Exam to the Republic of the Philippines. Passing the Uniform CPA Examination is a prerequisite to becoming a licensed Certified Public Accountant (CPA) in the United States.

CPA

CPA Practice

MARCH 7, 2023

Today’s CPAs need deeper skill sets, more competencies and greater knowledge of emerging technologies and their impact on tax, accounting and audit,” explains the AICPA in unveiling blueprints for the 2024 CPA Exam. What do the 2024 CPA Exam changes mean for accounting practices? You have to sell them.”

Technology

CPA Practice

JULY 8, 2024

AICPA News is a collection of recent announcements from the American Institute of CPAs and the Chartered Institute of Management Accountants. Shortly before his passing, he became the first African American and youngest chair of the North Carolina Association of CPAs board of directors.

cpas

CPA Practice

APRIL 17, 2023

Outlier.org, Urban Assembly, and New York City Public Schools are announcing a groundbreaking collaboration aimed at expanding access to financial accounting education for high school students in the New York area.

New York

Going Concern

MARCH 22, 2024

Day Named Technical Director of the Financial Accounting Standards Board [ FASB ] The Financial Accounting Standards Board (FASB) on March 20 announced the appointment of Jackson M. But until a deferral is confirmed, CPAs must consider which role they will serve for clients required to file when the CTA becomes effective.

Minnesota

CPA Practice

APRIL 3, 2023

The Illinois CPA Society (ICPAS)—one of the largest state CPA societies in the nation—is proud to formally announce its new board of directors for the April 1, 2023, to March 31, 2024, fiscal year. Ellis, CPA, partner in Ernst & Young LLP’s financial accounting advisory services practice in Chicago; Joshua Herbold, Ph.D.,

Illinois

CPA Practice

MAY 30, 2023

Starting in 2024, the redesigned CPA exam places a greater emphasis on technology and analytical skills, as well as on tax, accounting, and audit. Regardless of a candidate’s chosen discipline, this model leads to full CPA licensure, according to the AICPA.

CPA

Anders CPA

JANUARY 8, 2024

Jeanne Dee, CPA/CGMA, audit and assurance partner at Anders CPAs + Advisors (Anders), has been appointed to the Financial Accounting Standards Board (FASB) Not-for-Profit Advisory Committee (NAC) effective January 1, 2024. I’m excited to get started!

Missouri

CPA Practice

JUNE 1, 2023

AICPA News is a round-up of recent announcements from the American Institute of CPAs. AICPA Recognizes Top 2022 CPA Exam Performers with Elijah Watt Sells Award The American Institute of CPAs (AICPA®) recently announced the 50 winners of the 2022 Elijah Watt Sells Award. Michael Paul Donnelly, Jr.

institute of chartered accountants

SkagitCountyTaxServices

JUNE 8, 2022

If the last 20 years of the economy’s highs and lows, downturns and headlines taught us anything about business, it’s that complete and transparent accounting is in everyone’s best interest. One independent organization working to keep companies’ books clear and honest is the Financial Accountant Standards Board.

accounting principles

Going Concern

OCTOBER 7, 2022

Private company CFOs grapple with new lease accounting [ CFO Dive ]. At its core, under the new standards the Financial Accounting Standards Board (FASB) wants all companies to record operating leases longer than one year on their balance sheet, both as an asset and a liability, in the same way as capital leases have always been recorded.

Illinois

Going Concern

NOVEMBER 18, 2022

The superseding indictment alleges that Garza directed clients to use hand-picked CPAs and other tax professionals, including McDonnell, Richardson and Fenton. McDonnell and Richardson, both CPAs, allegedly owned and operated McDonnell Richardson, P.C., an accounting, tax preparation, and legal services business located in Waxahachie.

Technology

LSLCPAs

MARCH 11, 2024

The month-end close process is a critical aspect of financial management for organizations of all sizes. The post The Importance of Month-end Close Process in Your Local Government Finance Department (and 4 Software Solutions To Help Get It Done) appeared first on LSL CPAs. Timely and accurate month-end close processes.

Government

CPA Practice

OCTOBER 22, 2024

As residents across the southeast continue to pull their lives back together following the devastating destruction of Hurricanes Helene and Milton, the personal financial planning experts at the American Institute of CPAs are offering tips to help with financial well-being and planning for the future.

income tax

CPA Practice

FEBRUARY 7, 2024

The American Institute of CPAs has submitted a letter to the Financial Crimes Enforcement Network and Internal Revenue Service (IRS) providing recommendations for the Report of Foreign Bank and Financial Accounts to taxpayers impacted by major disasters.

tax return

CPA Practice

MAY 18, 2023

The American Institute of CPAs has announced the 50 winners of the 2022 Elijah Watt Sells Award. This award is granted to CPA candidates who obtain a cumulative average score above 95.50 across all four sections of the Uniform CPA Examination, pass all four sections on their first attempt and have completed testing in 2022.

CPA

LSLCPAs

DECEMBER 17, 2021

The Financial Accounting Standards Board FASB rejected the Pennsylvania Institute of CPA’s (PICPA) request for a two-year extension of the lease accounting standard’s due date. The post FASB Votes Against Extending the Lease Accounting Standard Due Date appeared first on LSL CPAs.

accounting standards

Going Concern

AUGUST 5, 2022

If the world had no accountants [ The Indicator from Planet Money ] As the unsung heroes of the financial world, CPAs (Certified Public Accountants) are responsible for a wide range of important tasks, from balancing the books to investigating fraud. Meet the accountants who may become the new power brokers of taxes. [

accountant

CPA Practice

JANUARY 10, 2024

The Financial Accounting Standards Board ( FASB ) has announced the appointment of six new members to its Not-for-Profit Advisory Committee ( NAC ), effective January 1, 2024. The NAC serves as a standing resource for the FASB.

accounting and finance

CPA Practice

OCTOBER 18, 2023

The American Institute of CPAs has awarded Robert H. Herz, CPA, CGMA, FCA, with its 2023 AICPA Gold Medal Award of Distinction. The award, presented since 1944, is the highest honor bestowed by the AICPA, recognizing CPAs “whose influence on the accounting profession has been especially notable.”

cpas

CPA Practice

JUNE 11, 2024

The Elijah Watt Sells Award program was established by the AICPA in 1923 to recognize outstanding performance on the CPA exam, as well as to honor Sells, one of the country’s first CPAs and a founding member of the firm now known as Deloitte. Owen Berry , Florida, employed with Ennis, Pellum & Associates CPAs in Jacksonville.

South Dakota

CPA Practice

OCTOBER 3, 2024

Following a request to the Internal Revenue Service (IRS) for tax and payment filing relief in the wake of Hurricane Helene, the American Institute of CPAs has submitted a letter to the Financial Crimes Enforcement Network (FinCEN) urging them to implement a policy to offer automatic filing extensions for Reporting of Foreign Bank and Financial Accounts (..)

cpas

CPA Practice

MARCH 6, 2024

AICPA News is a round-up of recent announcements from the American Institute of CPAs. AICPA’s recommendations suggest FinCEN automatically match the filing deadline relief for FBARs that the IRS gives to taxpayers in disaster areas.

cpas

ThomsonReuters

JANUARY 18, 2024

CPA responsibilities to clients As a trusted advisor in an increasingly complex financial landscape, certified public accountants (CPAs) have significant responsibilities for the services they provide to their clients. Accountant vs. CPA vs. tax preparer: What are the differences?

accounted

Going Concern

MARCH 4, 2022

SEC Chief Accountant Lauds FASB for Engaging Investors, Stakeholders on Potential New Standards [ JD Supra ] Paul Munter, acting chief accountant for the SEC’s Office of the Chief Accountant, on Feb.

audit

CPA Practice

JANUARY 5, 2024

The Financial Accounting Standards Board ( FASB ) has appointed six new members to its Not-for-Profit Advisory Committee ( NAC ), effective January 1, 2024. The NAC serves as a standing resource for the FASB.

accounting and finance

Going Concern

MARCH 8, 2024

Top Remote Accounting Candidates: February 29, 2024 Opinion The specter of ‘Uberification’ looms over audit [ Accounting Today Voices ] Blake Oliver writes for AT’s opinion column: As technologies reshape industries, we wonder if disruptive startups could come between CPAs and our clients one day.

audit

PYMNTS

JUNE 17, 2019

Separately, at the state level, in California , a number of certified public accountants (CPAs) are calling for an industry watchdog to clarify the standards in place for cryptocurrency-related accounting. Regulations Abroad.

cpas

Going Concern

OCTOBER 1, 2022

Not that long ago, we published a letter to the editor about the “watering down” of the accounting profession , which included a mention of the rule change that made it possible for non-CPAs to become partners in accounting firms. Canada Can Demand Audit Details From Accountants, Court Affirms [ Bloomberg Tax ].

Non-Profits

CPA Practice

SEPTEMBER 6, 2023

BILL balance : BILL balance is a financial account that can be used to hold funds and pay bills within one business day at no additional cost. Once Accounting Technology [link] Once Accounting’s client integration platform revolutionizes accounting firm workflows.

Technology

CPA Practice

OCTOBER 20, 2023

During his career, Mr Bless has had responsibility for financial, regulatory and sustainability reporting. He has served on the boards of the SASB Foundation and the Value Reporting Foundation, and as a member of the IFRS Advisory Council and the US Financial Accounting Standards Advisory Council.

Washington

CPA Practice

OCTOBER 19, 2023

During his career, Mr Bless has had responsibility for financial, regulatory and sustainability reporting. He has served on the boards of the SASB Foundation and the Value Reporting Foundation, and as a member of the IFRS Advisory Council and the US Financial Accounting Standards Advisory Council.

Washington

CPA Practice

APRIL 11, 2023

He most recently held a technical accounting role at a Fortune 500 financial services company where he helped lead complex implementations of accounting standard updates issued by the Financial Accounting Standards Board.

institute of chartered accountants

Going Concern

JANUARY 25, 2023

When Thomson Reuters reported late last year that the Financial Accounting Standards Board (FASB) had proposed an eighth round of changes to lease accounting rules 1 , accounting and finance execs around the country channeled their inner Charlie Browns with a collective, “Good grief!”

Account