Many corporate executives continually question and analyze their business practices to achieve their goals more effectively ...

Decentralized finance (DeFi) is an emerging peer-to-peer system for conducting financial activity on the blockchain without ...

Audit and tax firms have long understood that the traditional services for which they are being engaged (e.g., conducting an ...

Sustainability The establishment of sustainability accounting standards reflects growing stakeholder demand for corporate accountability. In 2011, the Sustainability Accounting Standards Board (SASB) ...

How U.S. Taxation Applies to International Students To determine how international students may be taxed in the United States, a review of a few basic definitions is needed. For U.S. tax purposes, ...

Many studies suggest fraud is more likely to occur when someone has an incentive (pressure) to commit fraud, weak controls or oversight provide an opportunity for the person to commit fraud, and the ...

The rule violated was the SEC’s general standard that recognizes an auditor must be independent in fact and appearance. Auditors might fail to meet this standard and impair independence even if their ...

Goals of Accounting Ethics Education Shortly thereafter, Loeb wrote his seminal paper on what the goals of accounting ethics education should be (Stephen E. Loeb, “Teaching Students Accounting Ethics: ...

The recent Supreme Court decision in South Dakota v. Wayfair will expand retailers’ responsibilities to collect sales taxes on out-of-state purchases. Although the Court’s rationale was that ...

Large Language Models (LLM) like ChatGPT, Bing Chat, Bard, and others can improve the efficiency of common language generation tasks performed by CPAs, but using LLMs entails certain risks. To help ...