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Day: September 29, 2025

NYT Accounting News

Treasury posts IRS contingency plan for government shutdown

September 29, 2025
The plan estimates up to half a workday would be needed to complete shutdown activities.
NYT Accounting News

What falling interest rates mean for trusts and estate planning

September 29, 2025
While stock values get the most attention after the Fed cuts rates, they affect trusts, too. Some beneficiaries of entities without flexible distribution provisions could take a big hit.
NYT Accounting News

PCAOB spotlights audit research

September 29, 2025
The Public Company Accounting Oversight Board co-hosted a two-day conference highlighting the work of academic researchers.
NYT Accounting News

Finance-grade GPT-5? Not yet, but get ready

September 29, 2025
Leading AI models continue to get faster and better. But finance teams still cannot — and should not — trust them to close the books.
NYT Accounting News

FASB releases standard on derivatives

September 29, 2025
The Financial Accounting Standards Board issued an standards update to address stakeholder concerns about the application of derivative accounting.
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  • Daniel J. Hellmann, CPA
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  • Daniel J. Hellmann, CPA
  • Debra S. Pitschman, CPA
  • Gil Davis, CPA/PFS
  • Evan Callahan, CPA
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  • Sarah McPhee, CPA

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