The auditing profession was already in the midst of transformation, thanks to technological advances and other factors. Then, the COVID-19 pandemic came along and accelerated those changes, further ...

Any business, anywhere in the world, no matter how big or small can represent virtually all its operations with three main financial statements: the balance sheet, the income statement—also called the ...

Earlier, Eileen Sherr, CPA, CGMA, MT, a director of the AICPA’s Tax Policy & Advocacy team, discussed prospects for reversing by legislation the IRS’s position regarding deductibility of business ...