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Georgia Passes Bill to Expand CPA Licensure Pathways
Accounting
According to a report by Accounting Today, Georgia has taken a major step to modernize its CPA licensure system. House Bill…
Read More
Bill Expanding CPA Licensure Pathways Introduced in New York State Assembly
Accounting
On April 1, New York State Assembly member Crystal Peoples-Stokes introduced Assembly Bill A7613, a companion to Senate Bill…
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Supreme Court Shields IRS from Bankruptcy Clawback
Accounting
According to a report by Accounting Today, in an 8-1 decision, the U.S. Supreme Court ruled that a bankruptcy trustee cannot…
Read More
PCAOB Reports Notable Decline in Audit Deficiency Rates at Major Firms
Accounting
The Public Company Accounting Oversight Board (PCAOB) announced on March 31, that audit quality at the six largest global…
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GASB Seeks Feedback on Financial Stress and Government Dissolution Disclosures
Accounting
The Governmental Accounting Standards Board (GASB) released a Preliminary Views (PV) document on Mar. 19, requesting public…
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IRS Adds Key FAQs as ERC Filing Deadline Nears
Accounting
With the April 15 deadline looming for 2021 Employee Retention Credit (ERC) claims, the IRS has issued five new FAQs to…
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AICPA, CalCPA Issue Comment Letter on California's Climate Disclosure Legislation
Accounting
On March 21, the AICPA and the California Society of CPAs (CalCPA) issued a joint comment letter to the California Air…
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GASB Releases Study on GAAP Utilization in U.S. State and Local Governments
Accounting
On Mar. 24, the Governmental Accounting Standards Board's (GASB) released a study of the usage of Generally Accepted…
Read More
Big Four Now Using Agentic AI to Boost Staff Productivity
Accounting
The Big Four firms are now integrating a new category of artificial intelligence (AI) into their businesses, according to…
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