A focus on sustainability in academia seems to go a long way in helping younger students overcome the stereotype of isolated accountants crunching numbers. Students view sustainability concerns as a ...

Terminally ill individuals often desire to benefit the people and institutions they love by means of actionable and effective tax planning, even in the final period of their life. These taxpayers, ...

The International Accounting Standards Board (IASB) is on track to release a revised management commentary practice statement by mid-2025, aimed at enhancing the value of annual reports for investors ...

Recently I wrote a short piece concluding that audit opinions still matter. I drafted this essay within the judicial context of a class action lawsuit, which asserted that BDO had committed fraud, or ...

Planning for 2025 is becoming a hotter topic as the scheduled halving of the transfer tax exemption draws closer. But while many are focusing on the end of 2025 as the critical deadline, the end of ...

In a move aimed at bringing greater accuracy to financial reporting, FASB voted on September 18 to issue a proposal clarifying 34 narrow issues in U.S. accounting rules, including earnings per share ...

Private companies are increasingly turning to complex financing arrangements, featuring embedded derivatives and contingent events, in order to raise capital and manage risk, according to recent ...

The IASB’s Accounting Standards Advisory Forum (ASAF) will hold virtual discussions on October 2 that include the FASB’s recent conceptual framework proposal, according to an agenda posted by the IFRS ...

In Brief Since January 2014, FASB has issued several significant pronouncements on business combinations and intangible assets; however, the interaction between the two remains complex,… The CPA ...

IRS determined that a worthless stock loss did not occur within a disaster area and was, therefore, not deductible. The ...

Talking about Diversity, Equity and Inclusion (DEI) in the accounting space has always been a politically charged affair. It ...