The CPA Journal - The Voice of the Accounting Profession
The CPA Journal is a publication of the New York State Society of CPAs, and is internationally recognized as an outstanding, technical-refereed publication for accounting practitioners, …
The Accounting Profession Is in Crisis - The CPA Journal
Dec 1, 2023 · The 150-hour requirement was intended to better prepare students for the profession and enhance the profession’s image. Advocates of the requirement expected that …
The Future of Business Data Analytics and Accounting Automation
Jan 31, 2024 · The Value of Business Data Analytics. Michael Parrinello, CPA, is a partner at the Bonadio Group, a mid-sized accounting firm with offices in New York, Texas, and Vermont that …
Equity Method Accounting - The CPA Journal
Apr 12, 2023 · In January 2016, FASB issued ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities. This ASU required that companies measure their …
Fiduciary Duty, Due Care, and the Public Interest
Apr 3, 2020 · Fiduciary duty. Fiduciary duty is a legal concept established by law, not by any accounting, auditing, or other related professional standard. Black’s Law Dictionary defines …
Professional Independence Resources - The CPA Journal
Apr 30, 2024 · Professional independence is required for CPAs performing financial statement attest services, whether the client company is privately held or publicly traded.
Major Revisions to the Auditor's Report - The CPA Journal
Apr 7, 2021 · Overview of Changes to Audit Reports. The ASB’s changes greatly impact auditor reports. Briefly, the changes included: 1) moving the opinion to the first part of the report; 2) …
May/June 2024: Articles, Content, and Media - The CPA Journal
The CPA Journal is a publication of the New York State Society of CPAs, and is internationally recognized as an outstanding, technical-refereed publication for accounting practitioners, …
The Employee Retention Credit - The CPA Journal
May 13, 2024 · Background. The ERC was initially enacted in March 2020 as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act to provide eligible employers …
Fixing the Crisis in Accounting - The CPA Journal
Nov 25, 2022 · COVID Exacerbated Longstanding Challenges. The problems confronting the accounting profession did not arise overnight. The number of accounting graduates sitting for …