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

In Brief The recent surge in inflation has led managers to reassess the best inventory valuation methods—first-in-first-out ...

As an accounting major graduating in the spring, I have had the opportunity to study the ways in which environment, social ...

In Brief Operational controls and their impact on the financial statements represent a significant challenge for management ...

While the audit process generally has an overwhelming connotation, there are several steps that a not-for-profit (NFP) ...

On April 22, 2024, the Office of Management and Budget (OMB) released significant revisions to Title 2 of the Code of Federal ...

CPAs need to be aware of current tax developments in key states to properly advise taxpayers doing business in multiple ...

CPA firms are constantly confronted by regulatory, compliance, and ethics issues in the face of an unpredictable and changing world. Hot topics like environmental, social, and governance (ESG) ...

The recent U.S. inflation measures show that high prices have not departed yet—and they continue to fuel an affordability crisis in critical sectors like healthcare, housing, food, and education. For ...

Given the recent challenges in finding and retaining high quality employees, public accounting firms have had to ask many of their current employees to do more work to fill the gap. The authors ...