The PCAOB has recently released the amendments to its standards for audits where other accounting firms or individual auditors perform important work on the audit.
The Governmental Accounting Standards Board (GASB) has released Statement No. 100, Accounting Changes and Error Corrections (Statement 100), which amends GASB Statement No 62.
The IRS is piloting a pre-examination compliance program for retirement plans, which provides plan sponsors with 90-day window to review plan operations and make corrections prior to examination.
Considering the income tax, charity and estate planning implications of digital assets, such as crypto, can minimize tax burden, comply with evolving regulations and pursue personal wealth goals.
The fintech movement is driving a rapid evolution within financial services, resulting in a new infrastructure and platform for the industry's next generation.
IRS issues guidance on tax treatment of cash payments made by employers under leave-based donation programs to aid victims of the further Russian invasion of Ukraine.
Tax-exempt health care organizations must take care to maintain status. Organizations can highlight work within communities to help validate their standing.