NYCPA News and Blogs

Inspectors at the Public Company Accounting Oversight Board (PCAOB)  have observed relatively high rates of audit…

The Financial Accounting Foundation (FAF) has instituted a due process correspondence procedure to make it easier for…

Auditors must remain vigilant as they perform their work, the Public Company Accounting Oversight Board (PCAOB) has told…

The IRS purchased approximately $1.2 million in information technology (IT) products initiated by business units outside of…

The IRS has slightly revised its 2014 guidance on the treatment of virtual currency in recognition of the fact that certain…

The U.S. Supreme Court recently heard arguments in the case of Polselli v. IRS, and the ruling will determine the limits of…

House Republicans have introduced legislation to claw back much of the $80 billion in Inflation Reduction Act funding for…

Software provider Canopy has integrated ChatGPT into its accounting practice management software, which allows it to write…

AICPA AICPA Endorses Bipartisan Bill to Expand Use of 529 Savings PlanApril 19, 2023 CBO Cost EstimateH.R. 1338, SAT…