The number of incidents of fraud perpetrated against individuals and the resulting loss amounts have both drastically ...

In 2021, the IRS announced an enforcement campaign targeting high-income U.S. citizens who were purportedly claiming tax ...

When students decide to major in accounting, marketing is not at the top of their minds. While accounting students are likely ...

In his recent The CPA Journal editorial “Private Equity and the Ethics of a Profession,” Richard Kravitz addressed the recent ...

The use of Special Purpose Acquisition Companies (SPAC) as a means of bringing new entities to the public markets became increasingly popular in 2020 and 2021, leading to increased scrutiny from the ...

In March 2016, FASB issued Accounting Standards Update (ASU) 2016-09, Improvements to Employee Share-Based Payment Accounting. The new guidance [codified under Accounting Standards Codification (ASC) ...

At age 17, the probability of my becoming a CPA and creating a successful public accounting practice was similar to the probability of David slaying… The CPA Journal is a publication of the New York ...

Newly minted CPAs typically have limited hands-on auditing experience. They almost always have no training in specialty areas, such as forensics. A term now commonly… ...