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The Financial Accounting Standards Board plans to propose that private companies and nonprofits get an extra year to implement the lease accounting standard while also giving private franchisor companies an extra year for revenue recognition.

The prediction of job elimination via technology has been made eleven times throughout history. It still hasn't happened.

The American Institute of CPAs has posted a set of frequently asked questions and answers aimed at helping CPAs and their clients with tax filing and tax relief in response to the novel coronavirus pandemic, while pointing out the various shortcomings in the federal government’s response.

Cherry Bekaert, a Top 25 Firm based in Richmond, Virginia, has acquired Tax Advantage Group, a consulting firm in Greenville, South Carolina that specializes in providing services related to the New Markets Tax Credit to clients across the U.S.

The charitable partner of the Illinois CPA Society is providing 16 laptops to local accounting students who are in need of technology at home following school closures.

Taxpayers who meet the requirements for investing in an opportunity zone can potentially take advantage of increased depreciation deductions through cost segregation, further decreasing their tax liability.

Now is the time for CPAs to show up as a trusted advisor with good judgment, steady energy and a great, empathetic connection with their clients.

China’s second accounting scandal in less than a week is underscoring concern over lax corporate governance at some of the country’s fastest-growing companies.

Teams everywhere will be battling the emotional complexities of COVID-19; here are some helpful strategies.

The program is designed to stop the spread of misinformation, answering basic questions about vaccines and testing.