Nearly All Large Global Companies Disclose ESG Information
For the third year in a row, more big global companies disclosed environmental, social and governance (ESG) matters than in …
AICPA’s Auditing Standards Board Votes to Finalize Proposed Group Audits Standard
The AICPA’s Auditing Standards Board (ASB) voted to finalize its proposal on group audits during a video meeting held from …
AICPA Digital Asset Reporting Guide Punts on Lending Transactions
A working group of the AICPA—which develops a practice aid related to crypto accounting—decided not to directly address a recent …
AICPA Publishes Blueprints for New CPA Exams
The AICPA on Jan. 4, 2023, unveiled updated Uniform CPA Examination® Blueprints. This is the official document of content eligible …
PCAOB Issues Second Proposal to Modernize Rules on Audit Confirmation Process
More than a dozen years after the Public Company Accounting Oversight Board (PCAOB) issued a rule proposal on audit confirmations, …
Employers Need Clarity on Taxing Remote Work, CPA Group Says
Updated guidance on remote working arrangements is needed from IRS and Treasury officials, the leading body for U.S. accountants said …
Fix Tax Return’s ‘Virtual Currency’ Definition, Accountants Urge IRS
Instructions in a recent draft update to Form 1040 are inconsistent with how IRS guidance defines “virtual currency” and should …
Big Four Firms, AICPA Report Lobbying on Federal Contractor Conflicts Bill
A bill to implement new conflict-of-interest safeguards for federal contracting drew the attention of lobbyists at the AICPA and three …