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Day: March 24, 2025

NYT Accounting News

GASB finds widespread use of GAAP in states and localities

March 24, 2025
GASB released a study on utilization of GAAP among state and local governments and found all the states are using GAAP, but only about three-quarters of localities are.
NYT Accounting News

Acumatica launches update with new interface, AI, payments

March 24, 2025
ERP solutions provider Acumatica announced the rollout of its R1 release, sporting enhanced AI features as well as more industry-specific solutions.
NYT Accounting News

PCAOB offers videos on quality control monitoring, remediation

March 24, 2025
The Public Company Accounting Oversight Board has created three videos from its staff on its quality control standard’s monitoring and remediation process.
NYT Accounting News

IRS reportedly nears deal to share info with ICE

March 24, 2025
The Internal Revenue Service is reportedly getting close to an agreement to share information such as taxpayers’ addresses with immigration officials upon request.
NYT Accounting News

Succession planning: It’s not just for clients

March 24, 2025
When small CPA shops suddenly end, clients are left to scramble for a replacement — and any enterprise value that the owner may have had withers away.
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  • Daniel J. Hellmann, CPA
  • Debra S. Pitschman, CPA
  • Gil Davis, CPA/PFS
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  • David J. Mesko, CPA

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  • Business Valuations
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