News
The Financial Accounting Standards Board is proposing a new chapter in its conceptual framework that defines 10 elements of financial statements.
FASB proposes changes in conceptual framework to define elements in financial statements
No matter how perfect the partnership between an audit firm and client may seem, sometimes the partnership doesn’t work out.
The newly formed organization looks to attract and retain more Black accountants during a critical turning point in diversity for the profession.
New nat'l society for Black CPAs says it's 'time for action'
The iPhone maker’s court victory follows separate criticism that huge EU antitrust fines for Google have made little difference.
Apple tax ruling makes Silicon Valley’s nightmare less scary
President Donald Trump told a judge he will continue to challenge a grand jury subpoena seeking his tax filings after the U.S. Supreme Court said he is not immune from investigation.
A study has found that the last batch of stimulus checks arrived at wealthier, White households more quickly than to those of Blacks and Hispanics.
White households got stimulus checks faster than Black families
Simplified 5500 Compliance Reporting Process aims to streamline the reporting requirements for employee benefit plans.
The majority of states are considering a company to have tax nexus if just a single employee is telecommuting from their state, according to a new survey, which could have wide implications for businesses as more of their employees work from home during the COVID-19 pandemic.
States see employee telecommuting as a way of creating tax nexus amid coronavirus
Nonprofits hospitals have until Dec. 31 to report on their CHNAs.
IRS gives coronavirus-hit hospitals more time for assessments
