The second session, “Critical Audit Matters” (CAM), addressed this recently implemented requirement, which represents the most significant change to audit reports in decades. The participants…
Ensuring Integrity: Regulators and Standards Setters Update
Highlights from the 15th Annual Baruch College Auditing Conference
The first session, “Regulators and Standard Setters Updates and Panel Discussion” focused on current regulatory issues facing the auditing profession. The participants included Tracy Harding,…
The 15th Annual Audit Conference, hosted virtually by Baruch College on December 1 and 2, 2020, once again brought together auditors, regulators, standards setters, and…
Forté Capital's Selected Statistics Chart 1 Non-Farm Payroll The November labor market data was mixed: the unemployment rate dropped 0.2%, to 4.2%. But there were…
The Impact of COVID-19 on the Profession
An NYSSCPA Member Survey
In Brief Between May 2020 and July 2020, the NYSSCPA surveyed a random sample of NYSSCPA members and asked them about the impact of the…
The State of the Profession
Analyzing the Results of the 2020 Practice Management Survey
In Brief The sixth annual 2020 NYSSCPA–Rosenberg Survey identifies trends from the national 22nd Annual Practice Management Survey and provides profitability and growth data of…
Non-Farm Payroll Recent employment data indicates an improving labor market, with 531,000 new jobs filled in October. In addition, the unemployment rate dropped to 4.6%,…
ISM Manufacturing Index After a strong rebound in the second quarter, the momentum in the industrial sector is showing signs of slowing. While still in…
The Social Security Act of 1935 (SSA) was enacted by the 74th United States Congress and signed into law by President Franklin D. Roosevelt. Part…
Forté Capital's Selected Statistics Source: Bureau of Labor Statistics Consumer Price Index The Federal Reserve recently affirmed its commitment to a long-term inflation target of…
Quarterly Real U.S. GDP Growth The estimates for second quarter GDP growth range from −20% to −51%, with the average from the Blue Chip consensus…
U.S. Treasury Yield Curve The financial turmoil caused by the coronavirus (COVID-19) pandemic extended into the bond market, as investors drove yields down and raised…
U.S. Treasury Yield Curve The U.S. Treasury yield curve is inverted from 30 days to 3 years, reflecting the fear of an economic slowdown due…
The Social Security Act of 1935 (SSA) was enacted by the 74th United States Congress and signed into law by President Franklin D. Roosevelt. Part…
Non-farm payroll The U.S. economy continues its modest growth trajectory, with non-farm payroll growing by 195,000 per month on average. The overall labor market remains…
Editor's Note: This article is the first in an occasional series planned for this, our 90th year of publication, wherein the editors will look in the Journal's past…
About the Panelists Beverly Bahlmann, CA(SA), deputy director at the IAASB; Bob Dohrer, CPA, CGMA, chief auditor at the AICPA; Shawn P. O'Brien, CPA, senior consultant for business development in…
Ensuring Integrity: A New Strategic Vision for Improving Audit Quality
Annual Auditing Conference at Baruch
The 14th Annual Audit Conference, hosted by Baruch College on December 3, 2019, once again brought together auditors, regulators, standards setters, and preparers to discuss…
Industrial Production Index Industrial production improved in the latest report, due largely to better output of automobiles and parts following the settlement of the GM…
Voices of the Profession: Interview with the UN’s Chantal Line Carpentier
Leading the Way on Sustainable Development
In the past decade, sustainability has moved from the periphery to become central in the global efforts to promote economic development, foster trade, and lift…
Leading the Way on Sustainable Development
An Exclusive Interview with the UN’s Chantal Line Carpentier
In Brief In the past decade, sustainability has moved from the periphery to become central in the global efforts to promote economic development, foster trade,…
ISM Manufacturing Index The latest ISM data point confirms a slowdown in the manufacturing sector. While GDP grew by 2.1% in the third quarter, manufacturing…
In Case You Missed It
A Look Back at 2019
Tax professionals faced many challenges in 2019. The federal government shutdown delayed IRS processing, and 2019 saw most of the sweeping changes introduced by the…
For 89 years, The CPA Journal has earned the respect of CPAs and other financial professionals for its in-depth analysis of current issues. We do not do…
The State of the Profession
Analyzing the Results of the 2019 Practice Management Survey
In Brief The fifth annual NYSSCPA–Rosenberg Survey identifies trends from the national 21st Annual Practice Management Survey and provides a comparative qualitative analysis to participating…
State of the Profession 2019 Roundtable
Views on the Rosenberg Practice Management Survey
In Brief In order to better decipher the results of the annual Rosenberg Practice Management Survey and provide a wider picture of the state of…
Non-farm Payroll The U.S. labor market has remained tight. There are more jobs available than applicants; in particular, skilled labor positions remain unfilled in some…
The State of the Profession
Opinions from the Experts
What kind of year was 2017? What were the major trends you observed? What were the issues you saw firms struggling with the most? Marc…
Treasury Yield Curve The yield curve has inverted; that is, short-term interest rates are now higher than longer-term rates. This phenomenon can indicate the potential…
The winners of the 2018 Max Block Distinguished Article Awards were honored during The CPA Journal Editorial Review Board meeting on August 5, 2019. This award…