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 ...

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

Over the last several years, private equity (PE)-backed companies have become increasingly active within the accounting field ...

IN BRIEF The shortage of individuals entering the CPA pipeline has reached a crisis stage. While professional institutions ...

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

While many articles have discussed the declining pool of accounting graduates, relatively few have investigated whether this causes a disproportionate impact between the different fields of accounting ...

The rising popularity of artificial intelligence (AI) has made many CPAs feel unsure about the ways in which their profession may be affected. There are already some tedious tasks that AI can help ...

Of the many kinds of technologies that professionals have encountered in recent years, artificial intelligence (AI) presents perhaps the greatest challenge. CPAs that do not become comfortable with AI ...

The SEC’s new cybersecurity rules require public companies to promptly disclose cybersecurity incidents and detail their risk management strategies. These rules mandate reporting significant cyber ...