IN BRIEF As the accounting profession continues to evolve in response to technological innovation, regulatory complexity, and ...

Artificial intelligence (AI) is forcing the accounting profession to ask hard questions, like: What work will AI perform?

Artificial intelligence (AI) has fundamentally altered the landscape of introductory accounting instruction. For principles ...

There was a strong push from companies to be more inclusive of underrepresented communities in the hiring process and provide greater opportunities for career advancement. The COVID-19 pandemic ...

Artificial intelligence (AI) has fundamentally altered the landscape of introductory accounting instruction. For principles ...

The accounting pipeline, an often-used analogy to describe how accountants progress from the school desk to the office desk, is in constant need of fresh faces. The pipeline has been defined as “the ...

The recent surge in inflation has led managers to reassess the best inventory valuation methods—first-in-first-out (FIFO) or last-in-first-out (LIFO). In times of rising prices, FIFO typically results ...

If a taxpayer lacks documentation to support items on a tax return, preparers may use estimates, following an approach long known as the “Cohan rule.” Although the rule remains useful for tax ...

Currently, in order to be licensed, CPA candidates must earn a bachelor’s degree (usually 120 hours), earn 30 hours beyond the bachelor’s degree (which may entail completing a master’s degree), and ...

The accounting press has heralded the growing and transformational use of data analytics in accounting—auditing in particular. A recent poll regarding top priorities for audit leaders conducted by ...

The use of Special Purpose Acquisition Companies (SPAC) as a means of bringing new entities to the public markets became increasingly popular in 2020 and 2021, leading to increased scrutiny from the ...