Audit and tax firms have long understood that the traditional services for which they are being engaged (e.g., conducting an ...

Many corporate executives continually question and analyze their business practices to achieve their goals more effectively ...

Decentralized finance (DeFi) is an emerging peer-to-peer system for conducting financial activity on the blockchain without ...

Note from Column Editor Tracey J. Niemotko: Jack Woods is currently a senior at Marist University, pursuing a bachelor’s degree in professional accountancy.He is the founder and president of the ...

For non-U.S. citizens, the classification between resident and non-resident alien status can have a signifi-cant impact on the taxation of income earned both in the United States and abroad.

A transaction may not be divided into multiple transactions in order to avoid reporting. “Related transactions” are any transactions conducted between a payer (or its agent) and a recipient of cash in ...

Many studies suggest fraud is more likely to occur when someone has an incentive (pressure) to commit fraud, weak controls or oversight provide an opportunity for the person to commit fraud, and the ...

Prior Recent Analyses of the ‘Independence Problem’ The pages of The CPA Journal have not lacked coverage of independence violations and suggestions of their causes and cures.Howard Levy focused on ...

Ethical Decision-Making Model. An eight-step ethical decision-making model was first developed by William May at the University of Southern California and included in his book Ethics in the Accounting ...

For the past decade, declining trends in accounting enrollments and CPA candidates have pointed to the need for bold action to rebuild the pipeline to the profession. The AICPA and NASBA’s Evolution ...