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

For generations of CPAs, The CPA Journal has arrived in mailboxes as more than a publication—it has been a signal. A signal ...

IN BRIEF Within the ever-expanding scope of corporate governance, the role of the audit committee has become more important ...

Despite the increasing demand for accountants, the number of accounting students and graduates has been consistently declining in recent years. Many accountants have also left… In Brief Many ...

Over the last several years, private equity (PE)-backed companies have become increasingly active within the accounting field. Many CPA firm partners and leaders have received calls from interested PE ...

IN BRIEF Joint ventures have been a popular vehicle for businesses to work together to share competencies and knowledge to reach a mutually beneficial outcome.… ...

IN BRIEF Joint ventures have been a popular vehicle for businesses to work together to share competencies and knowledge to reach a mutually beneficial outcome.… ...

Accountants are always aiming for precision in their work, striving for accuracy and transparency when describing the outcomes of a business's ...

For several years now, declining enrollments in universities and high turnover at firms have posed a serious threat to the accounting profession’s viability. The solution is not merely a numbers game, ...

One of biggest practice management challenges facing the accounting profession today is finding and keeping talent. Thought leaders have long been aware of the looming challenges presented by the ...