Americans to inherit $764B this year, mostly tax-free

One way the rich get richer is through inheritance, and they’re barely paying taxes on it.

Americans to inherit 4B this year, mostly tax-free


AICPA announces 2019 student video competition winners

Five college accounting students received $500 each for their creative entries answering the question, “Why do you want to become a CPA?”

AICPA announces 2019 student video competition winners


Is the PCAOB doing enough?

A bill stuck in Congress might help improve audit oversight.

Is the PCAOB doing enough?


63 of the biggest cities don’t have enough money to pay their bills

The majority of the U.S.’s 75 most populous cities lack enough funds to pay their bills, but the remaining 12 have budget surpluses, according to a new report.

63 of the biggest cities don’t have enough money to pay their bills


Tech News: Host Analytics rebrands as Planful

AvidXchange raises $260M, Invoiced processes $10B in receivables, and more

Tech News: Host Analytics rebrands as Planful


The many hurdles to implementing lease accounting

Private companies got a reprieve for implementation of this major standard — and they’ll need all of it, according to LeaseQuery’s George Azih.

The many hurdles to implementing lease accounting


AccountantsWorld creates open API for HR apps

The two-way Payroll Relief API allows permitted data to move between it and HR and human capital management solutions.

AccountantsWorld creates open API for HR apps


PCAOB seeks feedback on changes in quality control standard for auditors

The Public Company Accounting Oversight Board released a video Monday discussing how to comment on its recent concept release on potentially revising quality control standards for audit firms.

PCAOB seeks feedback on changes in quality control standard for auditors


Art of Accounting: 120 free checklists

My tax season checklists have been updated and are ready for you in a Word file so you can use them as you want. There are now 120 checklists on tax season and many other topics that come up on a regular basis.

Art of Accounting: 120 free checklists


What AI does for accountants

AI can interpret the best path to achieving an answer and learn the routines that get the best result.

What AI does for accountants