The accounting profession is facing a major setback. There has been a notable drop in students pursuing accounting degrees ...

In 2021, the IRS announced an enforcement campaign targeting high-income U.S. citizens who were purportedly claiming tax ...

In Brief The use of Special Purpose Acquisition Companies (SPAC) as a means of bringing new entities to the public markets ...

In Brief Recent events in the cryptocurrency industry highlight the risks for investors and customers—as well as auditors.

Accounting is often thought of as a profession of numbers. CPAs are very proficient at making sure that the “numbers” are ...

In response to widespread concern that some students avoid becoming CPAs due to the time and cost associated with ...

The number of incidents of fraud perpetrated against individuals and the resulting loss amounts have both drastically ...

The United States has long been an attractive destination for students from other countries who want to pursue higher ...

For decades, the accounting talent shortage in the United States has been a serious concern for academicians, policymakers, and the profession. One solution to what has been termed the pipeline ...

Under the direction of CPA Evolution Initiative the new Uniform CPA Examination has updated to test more rigorously for the kind of real-world skills that candidates will need to employ in practice.

While NASBA and the AICPA have long supported the 150-hour pathway to CPA licensure, opinions differ as to whether the 30 credits beyond the bachelor’s degree produce more qualified professionals. The ...

Many accounting leaders and observers have pointed out the need to expand the pipeline to the profession and suggested ways this could be accomplished. One such proposal is to have accounting ...