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Day: September 29, 2023

AICPA News

GASB addresses disclosure and classification of capital assets

September 29, 2023
GASB issued a proposal that would establish requirements for certain types of capital assets to be disclosed separately for purposes of note disclosures, allowing users to make informed decisions about these and to evaluate accountability.
NYT Accounting News

Ted on Tech: Itsy-bitsy PCs

September 29, 2023
Small computers can help when working in smaller office spaces.
NYT Accounting News

Shakira hit with tax evasion again

September 29, 2023
Spain alleges that the Queen of Latin music owes $7.1 million for 2018.
NYT Accounting News

SEC hits Prager Metis with hundreds of audit violations

September 29, 2023
The commission charged the Top 100 Firm with violating auditor independence rules on many occasions.
AICPA News

AICPA releases quality management practice aid

September 29, 2023
The practice aid and supporting materials will help small- and medium-size firms and sole practitioners develop a QM system that aligns with a new set of QM standards.
AICPA News

OPR publishes letter to request tax information in case files

September 29, 2023
CPAs and other individuals who practice before the IRS can use the letter as a standard form for requesting tax information that was obtained as part of an inquiry into Circular 230 violations.
NYT Accounting News

IRS expands features in Tax Pro Accounts

September 29, 2023
The service is allowing practitioners to see their client’s tax information, including balance due amounts, as well as withdraw from their active authorizations online in real time.
NYT Accounting News

On the move: BSSF raises $3K for United Way

September 29, 2023
NJCPA launches 14th annual food drive; Mazars elects five new partners and principals; and more news from across the profession.
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  • Debra S. Pitschman, CPA
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