The accounting profession is facing a major setback. There has been a notable drop in students pursuing accounting degrees ...

In 2021, the IRS announced an enforcement campaign targeting high-income U.S. citizens who were purportedly claiming tax ...

In Brief Recent events in the cryptocurrency industry highlight the risks for investors and customers—as well as auditors.

The number of incidents of fraud perpetrated against individuals and the resulting loss amounts have both drastically ...

Accounting is often thought of as a profession of numbers. CPAs are very proficient at making sure that the “numbers” are ...

In Brief The use of Special Purpose Acquisition Companies (SPAC) as a means of bringing new entities to the public markets became increasingly popular in ...

For decades, the accounting talent shortage in the United States has been a serious concern for academicians, policymakers, and the profession. One solution to what has been termed the pipeline ...

Many accounting leaders and observers have pointed out the need to expand the pipeline to the profession and suggested ways this could be accomplished. One such proposal is to have accounting ...