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Professional accountants - the future
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> Professional accountants - the future
Fed increases rates a quarter point and signals a potential end to hikes
PUBLISHEDWED,MAY320232:00PMEDTUPDATED5HOURSAGOKEYPOINTS· TheFederalReserveapprovedits10thinterestrateincreaseinjustalittleoverayearanddroppedatentativehintthatthecurrenttighteningcycleisatanend.· Thew...
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Banks Leaned on a Little-Known Lender in March as Customers Fled
SiliconValleyBank,SignatureBankborrowedheavilyfromFederalHomeLoanBanksbeforecollapsingByRachelLouiseEnsign,DavidHarrisonandHannahMiaoApril19,20235:30amETIllustration:PrestonJesseeBanksareturningtoa...
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Notice on Payment of Members' Bi-Annual Fees
Wewanttoremindyouthedeadlineforyourbi-annualfee$270(USD135.00foreachyear)isSeptember30,2022.Ifyouhaveotherfeestobepaid,pleasearrangetocompletethosepaymentsassoonaspossible.Thiswillkeepyourstudentstatu...
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Understanding Robotic Process Automation in Audits
Roboticprocessautomation(RPA)isaclassofbusinessesprocessesthatusessoftware,thatutilizesvariantsofartificialintelligencetoperformtasksthatareeitherrepetitiveorlearnablebyasoftwarealgorithm.Historically...
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Financial Attributes of Bitcoin
IsBitcoinARealCurrency?Strictlyspeaking,Bitcoinandothercryptocurrenciesarenotacurrencyinthesenseofbeingamediumofexchangeincirculationthatisgenerallyacceptedandprevalent.Buttheyareacceptedasameansofwea...
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What CPAs Must Do at The First Financial Planning Meeting?
Theinitialplanningmeetingisacrucialjunctureinanysuccessfulfinancialplanningrelationship.Inthefollowing,experiencedCPAfinancialplannerssharepracticestohelpyouestablishyourselfasatrustedadviserandensure...
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Internal Audit Has Pivotal Role in ESG Reporting
Amidthegrowingmomentumtowardincreasedorganizationaldisclosureofenvironmental,social,andgovernance(ESG)information,internalaudithasapivotalroletoplayindrivingorganizationalvaluerelatedtotheseissues.Int...
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Auditors See Increased Demand for ESG Attestation
Thefirstfewmonthsof2021witnessedsomemajormilestonesininvestors’andregulators’effortstogetpubliccompaniestoprovideshareholderswithmoreinformationaboutenvironmental,social,andgovernance(ESG)issues.“A...
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Understanding the Global Minimum Tax
TheG7announcedaframeworkforaglobalminimumtaxlastweek.Inthisepisode,AmyWangMiller,CPA,J.D.,seniormanagerwiththeAICPA’sTaxPolicy&Advocacyteam,explainswhattheframeworkmeans,and whatthefuture ofaglob...
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Formula to Build Trust With Clients
ClientssometimesviewCPAssimplyascompliance,tax,audit,orassuranceprofessionals.Buttherearebenefitstohavingclientsseeyouasapartnerandguideinstead.The“trustedadviserrole”inanaccountant’scareerismorecr...
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Proposed Bill to Regulate Tax Preparers Has AICPA Support
TheAICPA(AmericanInstituteofCertifiedPublicAccountants)signaledstrongsupportforabillintroducedinCongresslastweekthatwouldauthorizeTreasurytoregulatepaidtaxreturnpreparersandmandateminimumcompetencysta...
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NFTs Come with Big Valuation Challenges
Valuationofnonfungibletokens(NFTs)becameahottopicwhendigitalartistBeeplesoldanNFTforalmost$70millionearlierthisyear.Thehighpricecommandedinthatsaleandnumerousothertransactionsledtoadifficultquestionfo...
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