While the audit process generally has an overwhelming connotation, there are several steps that a not-for-profit (NFP) ...

In Brief The recent surge in inflation has led managers to reassess the best inventory valuation methods—first-in-first-out ...

As an accounting major graduating in the spring, I have had the opportunity to study the ways in which environment, social ...

Decentralized finance (DeFi) is an emerging peer-to-peer system for conducting financial activity on the blockchain without ...

In Brief Operational controls and their impact on the financial statements represent a significant challenge for management ...

CPAs need to be aware of current tax developments in key states to properly advise taxpayers doing business in multiple ...

The recent U.S. inflation measures show that high prices have not departed yet—and they continue to fuel an affordability crisis in critical sectors like healthcare, housing, food, and education. For ...

Legal and Operational Issues. While Fair Labor Standards Act (FLSA) overtime rules generally have considered professional employees exempt, their distinction from nonexempt employees is difficult to ...