Discover how modified accrual accounting merges accrual and cash basis methods, its key principles, and why it's preferred by government agencies for accurate financial reporting.

The latest wave of artificial intelligence (AI) technology promises to offer the technological leap that large and small firms have long awaited to transform the audit. Many rote tasks make aspects of ...

For accounting firms, the evolution in cyber threats is more than a wake-up call, it's a risk to client trust, compliance ...

When accountants face the prospect of a business combination, there will be many challenges to prepare for in the deal and the accounting for it. One of the first challenges is the strategic ...

Accounting is undoubtedly one of the most crucial components of running a successful business. It's impossible to overlook the significance of keeping track of your finances. With a clear ...

Accounting combines three things many people enjoy: problem-solving, money, and working with people. And thanks to the use of data analytics in accounting, these parts of the job are more exciting, ...

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

With tens of thousands of CPA firms across the country, investors see consolidation opportunities to build national platforms ...