The final regulations provide a long overdue update to rules that had been in place since at least the 1950s, and even the 19th century.
Day: November 5, 2024
In the blogs: In full swing
Updating engagement letters; tax neutrality; the usual losers; and other highlights from our favorite tax bloggers.
IAASB rolls out sustainability assurance standard
The International Auditing and Assurance Standards Board is preparing for the adoption of its International Standard on Sustainability Assurance 5000 early next year.
AICPA board approves update to peer review standards
The AICPA Peer Review Board approved changes that align with new quality management standards for firms’ accounting and auditing practices.
Accounting master’s hit five-year peak in application growth
Nearly three-quarters of U.S. masters of accounting programs reported application growth, according to a report by the Graduate Management Admission Council.
Team vs. family
In the intense war for talent, more and more firms are calling themselves a family. That can be dangerous.