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Understanding the Expectations Gap in Auditing
Accounting
A new study from Tilburg University and the University of Wisconsin-Madison examines a question many firms have been asking…
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IRS Requests Comment on New Scholarship Tax Credit Regulations
Accounting
The IRS and Treasury Department are soliciting comments from the public regarding upcoming regulations related to a new…
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NY Assemblyman Wright Talks Youth Financial Literacy and Other Key Issues
Accounting
On Nov. 19, Jordan J.G. Wright, Assemblyman for New York’s 70th District in Harlem, came to the NYCPA office at 200 Madison…
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Six Small Business Trends Accountants Should Watch in 2025
Accounting
The 2025 Intuit QuickBooks Small Business Index Annual Report delved into how small businesses are navigating credit,…
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AICPA, State Societies Urge Education Department to Recognize Accounting as a Professional Degree
Accounting
The AICPA and state CPA societies are calling on the US Education Department to amend its proposed regulatory definition of…
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IRS Outlines Steps to Resume Normal Operations After Shutdown
Accounting
The IRS said on Nov. 21 that it has resumed normal operations now that the federal government shutdown has ended, according…
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Hochul Signs CPA Licensure Pathway Bill, Capping a Strong Year of Advocacy for the NYCPA
Accounting
New York has officially ratified a major update to CPA licensure. Governor Kathy Hochul has signed into law A.7613…
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FASB's Review of Leases Identifies High Costs and Varied Outcomes for Lessees
Accounting
FASB has issues a post-implementation review of ASC 842, taking an extended look at how the leases standard has worked since…
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NASBA and AICPA Solicit Comments on Revised CPE Standards
Accounting
The NASBA and the AICPA are seeking public comment on proposed revisions to the continuing professional education standards,…
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