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Williams Sworn in for Second Term as PCAOB Chair
Accounting
Public Company Accounting Oversight Board (PCAOB) Chair Erica Y. Williams was sworn in at the Securities and Exchange…
Read More
AICPA Calls for Guidance for Cannabis Businesses Before Rescheduling by DOJ
Accounting
On Oct. 21, the AICPA submitted a letter to the Treasury and IRS asking for guidance for cannabis businesses in anticipation…
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PCAOB Releases Three Key Resources to Facilitate QC 1000 Implementation
Accounting
The Public Company Accounting Oversight Board (PCAOB) on Oct. 23 released three new resources to help implement QC 1000, A…
Read More
FASB Grants Private Companies Credit Loss Accounting Reprieve
Accounting
The Financial Accounting Standards Board (FASB) took up the Private Company Council’s (PCC) project applying Topic 326,…
Read More
Author Tells the Secret of Getting Ahead Without Climbing the Corporate Ladder
NextGen
Author Bryan Robinson, writing for Forbes, highlights the "unbossing trend" that corporate America and Gen Z professionals…
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Lunch Breaks Are Not a Thing Anymore, Especially for Gen Z Employees
NextGen
The Business Journals reported that almost all employees agree that lunch breaks are a great way to relax and recover in…
Read More
Agencies Are Not Requiring Tax-Exempt Groups to File a Corporate AMT Form for 2023
Taxation
The Treasury Department and the IRS on Oct. 23 granted tax-exempt organizations a filing exception. The agencies said these…
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IRS Announces Tax Inflation Adjustments for 2025
Taxation
The IRS announced on Oct. 22 the yearly inflation adjustments for tax year 2025. Revenue Procedure 2024-40 offers…
Read More
Survey Shows Staff in Accounting Firms Are Mostly Under 40
NextGen
Inside Public Accounting, a provider of practice management resources to the public accounting profession, published…
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