FASB looking at delaying standards for private companies and nonprofits for 2 years

The Financial Accounting Standards Board is considering giving privately held companies and not-for-profit organizations an extra two years to implement standards.


Eight simple questions to hone your firm’s vision

At AICPA’s Engage conference, MACPA’s Bill Sheridan shared which topics need to be discussed when defining your business.


TXCPA honors 2019 'Rising Stars'

The Texas Society of CPAs highlighted 20 up-and-coming CPAs under the age of 40 who have demonstrated leadership in the profession and their local communities.


Is VAT a villain?

Tom Wheelwright sees value-added taxes as a cause of current tariff troubles.


Cryptic indeed: Tax pros and clients need to know more about crypto

Both asset holders and practitioners have to educate themselves on the tax and recordkeeping rules around cryptocurrencies.


IMA signs partnership with Brazilian accounting regulator

The Institute of Management Accountants inked a deal with the Conselho Regional de Contabilidade do Estado de São Paulo.


IIA proposes update to Three Lines of Defense audit model

The Institute of Internal Auditors is asking for input on a proposed update to its widely used document.


GASB offers implementation guide on fiduciary activities

The Governmental Accounting Standards Board released an implementation guide Monday with questions and answers explaining GASB’s recently issued standards on accounting and financial reporting for fiduciary activities.


Make the move from ‘trusted’ to ‘transformative’

The new advisor needs to create wealth, not just enable compliance.


Art of Accounting: Bring your kid to work

Many businesses have an annual Bring Your Kid to Work day and so does Withum.