Organizations differ by many factors, including legal and operating structure, size, industry, and geographic markets. In any ...

In 2026, many investors may find themselves looking for solutions to address their capital gains. This could be the result of ...

Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40). Public business entities must implement ...

What is audit quality? This is not meant as a philosophical question, but rather as one that can be answered through ...

IN BRIEF FASB's recent guidance on accounting joint ventures, ASU 2023-5, is intended to resolve diversity in practice and ...

The field of state and local taxation is a constantly evolving area. Not only are rules becoming more complex, but the state’s ability also to detect irregularities through automation is on the rise.

The Financial Accounting Foundation has recently launched the updated online Governmental Accounting Research System (GARS), and its new features and resources make it a must-see—as well as a good ...

Growing numbers of small and medium-sized enterprises (SME), spanning a range of sectors and geographies, are signaling their commitment to an ESG-rooted integrated purpose—that is, a people, planet, ...

COVID-19 has greatly impacted the U.S. economy. This impact is ongoing, as many of those businesses that were shut down when the pandemic started are still closed or operating at limited capacity. The ...

The CPA Journal is a publication of the New York State Society of CPAs, and is internationally recognized as an outstanding, technical-refereed publication for accounting practitioners, educators, and ...

A trust fund tax is a tax that is collected and accounted for by a third party, usually a business, which is then responsible ...