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Clear filters
New reporting framework for SMEs vs. GAAP: Isn’t there room for both?
Accounting & Auditing
The AICPA's new Financial Reporting Framework for Small and Medium-Sized Entities was big news when it was released at the…
Read More
DATA Act is back, and not a moment too soon
Corporate Finance & Governance
The DATA Act lives, and thank God for that. Given Washington's taste for the scandalous recently, we could all use a little…
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Rest easy, Maryland CPAs: There’s likely no need to obtain a P.I. license
Accounting & Auditing
A while back, we wrote about a Journal of Accountancy report that seemed to indicate that forensic accountants might be…
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An Earth Day message? Try sustainability.
Accounting & Auditing
It's Earth Day ... and to commemorate the occasion, here's a reminder that being good to the environment doesn't have to be…
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COSO to release updated internal control framework
Corporate Finance & Governance
There are few absolutes in today's business rulebook, but here's one of them: Everything changes -- even 21-year-old internal…
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Heads up: Most frequently violated professional standards
Accounting & Auditing
Let's talk ethics for a few minutes. Specifically, let's talk violations of professional standards. Want to know which…
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The top 5 skills CPAs need now
Accounting & Auditing
"Hard is soft and soft is hard." -- Tom Peters There is an interesting discussion going on in the CFO Forum on LinkedIn that…
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P.I. license required? Bet you didn’t see that coming, CPAs
Accounting & Auditing
Good stuff here from the Journal of Accountancy's Jeff Drew -- too good not to mention, actually. A question for all of you…
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Audit quality: Better … but not great
Accounting & Auditing
There's good news and bad news on the auditing front. First, the good stuff: The quality of work performed by smaller…
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