In Brief The accounting profession continues to suffer from the barrier to entry caused by the 150-hour CPA licensure requirement and is struggling to find…
Accounting Education Disrupted
Transforming to Face a Challenging Future
In Brief Although emerging technologies have disrupted the entire accounting ecosystem in recent years, the education realm has been one of the areas hardest hit.…
ICYMI | What CPAs Need to Know About the SEC Climate-Related Risk Proposal
Five Practical Steps for Preparation and Implementation
In Brief By now, most CPAs are aware that the SEC issued a landmark proposal that would require standardized disclosure of climate-related risks for companies,…
FASB Takes on Crypto
Regulatory Concerns Drive the Search for Better Guidance
In Brief Accountants, corporate management, and investors would likely all agree that better guidance is needed for the accounting, valuation, disclosure, and reporting of crypto…
Riding the NFT Wave
A Primer for CPAs
In Brief Crypto assets represent a fast-moving asset class, and nonfungible tokens (NFT) are an especially fast-growing subset of that class, which have attracted outsized…
What CPAs Need to Know About the SEC Climate-Related Risk Proposal
Five Practical Steps for Preparation and Implementation
In Brief By now, most CPAs are aware that the SEC issued a landmark proposal that would require standardized disclosure of climate-related risks for companies,…
FASB Takes on Crypto
Regulatory Concerns Drive the Search for Better Guidance
In Brief Accountants, corporate management, and investors would likely all agree that better guidance is needed for the accounting, valuation, disclosure, and reporting of crypto…
Riding the NFT Wave
A Primer for CPAs
In Brief Crypto assets represent a fast-moving asset class, and nonfungible tokens (NFT) are an especially fast-growing subset of that class, which have attracted outsized…
About the Speaker The conference keynote was a prerecorded “fireside chat” with newly installed PCAOB chair Erica Y. Williams. Williams was sworn in as the chair of…
About the Panelists The last panel of the morning was focused on environmental, social, and governance (ESG) issues as they affect accounting, auditing, and financial…
About the Panelists The first panel was focused on current developments at the SEC. Jonathan Wiggins, deputy chief accountant, Office of the Chief Accountant (OCA), SEC, served…
Opening Remarks
A Conversation with Paul Munter and Richard Jones
About the Speakers Paul Munter was named chief accountant in the Office of the Chief Accountant (OCA) at the SEC in January; he had been serving…
About the Panelists The last panel of the morning was focused on environmental, social, and governance (ESG) issues as they affect accounting, auditing, and financial…
About the Speaker The conference keynote was a prerecorded “fireside chat” with newly installed PCAOB chair Erica Y. Williams. Williams was sworn in as the chair of…
About the Panelists The first panel was focused on current developments at the SEC. Jonathan Wiggins, deputy chief accountant, Office of the Chief Accountant (OCA), SEC, served…
Opening Remarks
A Conversation with Paul Munter and Richard Jones
About the Speakers Paul Munter was named chief accountant in the Office of the Chief Accountant (OCA) at the SEC in January; he had been serving…
Financial Reporting Today
Highlights from the 21st Annual Baruch College Financial Reporting Conference
The 21st Annual Financial Reporting Conference was hosted by Baruch College, City University of New York, on May 4, 2023. The longstanding conference brought together—in…
ICYMI | Independence Matters
Avoiding Pitfalls for the Unwary
In Brief Auditor Independence is integral to the financial reporting system and trust in the capital markets. But recent cases against large audit firms underscore…
In Brief Chief financial officers of not-for-profit organizations have always faced many challenges, some common to all corporate leaders, some unique to the sector. Today's…
GASB Issues Statements 100 and 101
Clarifying the Reporting of Accounting Changes and Compensated Absences
In Brief To address the challenges facing governments in reporting accounting changes and error corrections, GASB issued Statement 100. This standard aims for greater uniformity…
In Brief The past several years have seen large sums of federal assistance directed to not-for-profit organizations in order to aid in dealing with and…
In Brief Chief financial officers of not-for-profit organizations have always faced many challenges, some common to all corporate leaders, some unique to the sector. Today's…
Accounting for Changing Prices
There’s a Better Way Now
In Brief The past year has seen inflation reach levels not seen since the early 1980s. Under the circumstances, it can be instructive to revisit…
PCAOB Chair Keynote Session
Fireside Chat with Erica Y. Williams
About The Speaker The keynote speaker at the conference was PCAOB Chair Erica Y. Williams. Williams was sworn in as the chair in January 2022, coming from…
Accounting for Changing Prices
There’s a Better Way Now
In Brief The past year has seen inflation reach levels not seen since the early 1980s. Under the circumstances, it can be instructive to revisit…
Independence Matters
Avoiding Pitfalls for the Unwary
In Brief Auditor Independence is integral to the financial reporting system and trust in the capital markets. But recent cases against large audit firms underscore…
Keynote Session
Fireside Chat with PCAOB Chair Erica Y. Williams
About The Speaker The keynote speaker at the conference was PCAOB Chair Erica Y. Williams. Williams was sworn in as the chair in January 2022, coming from…
Ensuring Integrity
Highlights from the 17th Annual Baruch College Audit Conference
The 17th Annual Audit Conference, hosted by Baruch College on November 29, 2022, once again brought together auditors, regulators, standards setters, and preparers to discuss…
ICYMI | State of the Profession
Analyzing the Results of the 2022 Practice Management Survey
In Brief The eighth annual 2022 NYSSCPA-Rosenberg Survey identifies trends from the national 24th Annual Practice Management Survey and provides profitability and growth data of…
In Brief Fueled by competition, technological changes, and the impact of COVID-19, the landscape for certified public accounting firms is more competitive and dynamic than…