Insights
Commentary on capital markets, the accounting profession and the inputs that move valuations.
Some earlier posts were withdrawn because the rules they discussed have since changed. They should not be relied on.
- Damodaran Recap
Recap: Analyzing Market Capitalization Thresholds and Breakeven Revenues
Reframing the overvaluation debate around breakeven revenues — and the 3P test of whether those revenues are actually achievable.
- Alternative Assets
Exploring Gold Investment: A Comprehensive Review
Gold is an asset, a currency, a commodity, and a collectible at different moments — which is why it never prices cleanly off any single framework.
- Market Analysis
2025 Financial Markets Recap: Equities, Treasuries, and Market Timing
Reviewing 2025 market resilience despite initial economic concerns — what it means for multiples at year-end.
- Risk & Capital
Understanding Country Risk: A Comprehensive Recap
Country risk isn't a single number — it's political structure, violence exposure, corruption, and legal enforceability rolled into a discount rate.
- Corporate Finance
A Recap of Cash, Bitcoin, and Corporate Investments
Why companies hold cash, why Bitcoin isn't a substitute for it, and what the MicroStrategy-style playbook actually does to shareholders.
- Alternative Assets
Summary: Revisiting the Outlook on Alternative Investments
Alternatives promised diversification and alpha. Two decades in, the returns tell a more modest story — and the sales pitch has shifted to retail.
- Risk & Capital
Understanding Sovereign Ratings and Default Risk: A Recap
Sovereign ratings, CDS spreads, and what the US downgrade from Aaa to Aa1 actually changes for cost of capital.
- Market Analysis
Recapping the Volatility: A Summary of The Greed-Fear Tango — Markets in April 2025
April 2025 delivered a full drawdown-and-recovery cycle in one month — with signals about sovereign credibility that outlasted the volatility.
- Market Analysis
Contrarian Investing: Strategies and Considerations Recap
"Buy the dip" hides four very different strategies with very different evidence bases — and psychological requirements most investors can't meet.
- Market Analysis
A Recap of Professor Damodaran's Article: The Tariffs and Market Meltdown
What the early-April tariff shock did to equities, and why the standard crisis playbook — defensives outperform, quality holds — broke down this time.
- Political Economy
The Intersection of Politics and Investing in a Globalized World: A Recap
Globalization peaked. Disruption rewired industries and governments. Valuation models have to catch up to both.
- Corporate Finance
Recap: Professor Aswath Damodaran's Insights on Cash Return and Dividend Dysfunction in Corporate Finance
Dividends are sticky, buybacks are flexible, and the cash-return decision is more dysfunctional than the textbook version admits.
- Corporate Finance
Recap: An Analysis of Debt, Taxes, and Default by Professor Aswath Damodaran
Debt's real benefits (tax shield, discipline) and real costs (distress, agency) — and why the misconceptions are as important as the mechanics.
- Valuation Methodology
Understanding Return on Equity, Earnings Yield, and Valuation: A Recap of Professor Aswath Damodaran's Insights
ROE is a quality metric, not a valuation metric. Confusing the two leads directly to owning bad businesses at low price-to-book ratios.
- Corporate Finance
Maximizing Value in Business: Recap on Profitability and Returns
Profit isn't proof of value creation. Exceeding the cost of capital is — and most companies globally don't.
- Cost of Capital
Understanding the Cost of Capital: A Recap on the Hurdle Rate
Re-reading Damodaran's hurdle-rate framework through the lens of current rates and equity risk premiums.
- Damodaran Recap
Recapping Professor Aswath Damodaran's Data Update 5 for 2025
A recap of Damodaran's fifth 2025 data update, covering global index returns, currency effects, country risk, and international valuation multiples.
- AI & Technology
DeepSeek Disrupts the AI Market: A Recap of Professor Aswath Damodaran's Article
How DeepSeek's low-cost AI model reshapes the investment case for chipmakers, data center operators, and AI infrastructure broadly.
- Cost of Capital
Understanding Interest Rates in the United States in 2024: A Recap
2024 Treasury and corporate bond dynamics, and why macro fundamentals — not central bank actions — ultimately set the rates used in valuation.
- Market Analysis
Recap: US Equity Market in 2024 — Sector Variations, Market Cap Trends, and Value Premium Analysis
2024's sector winners and losers, the fading small-cap premium, and why the value factor continues to underperform.
- Market Analysis
Recapping Professor Aswath Damodaran's Analysis of US Equities in 2024 and Beyond
S&P 500 posted 24.88% total return in 2024 — strong but, by DCF, the index looks roughly 12% overvalued heading into 2025.
- Valuation Methodology
Recap: The Draw and Dangers of Data — A Summary of Professor Aswath Damodaran's Data Update for 2025
The trade-offs behind Damodaran's industry data: what the sample covers, what it misses, and why data alone does not settle valuation debates.
- Valuation Methodology
Recap: Aswath Damodaran's Open House for Spring Classes
A tour of Damodaran's free NYU curriculum — corporate finance, valuation, investment philosophies, and the corporate life cycle.
- Sustainability
Sustainability: A Comprehensive Recap
Three distinct definitions of sustainability hide inside the single word — and conflating them is what makes corporate ESG debates so unproductive.
- Political Economy
Examining Political Markets: The Wisdom and Madness of Crowds
When prediction markets outperformed pollsters and when they failed — and what that tells us about using market prices as forecasts.
- Brand & Strategy
Building a Strong Brand Name: Lessons from Nike
What Nike's history teaches about the difference between brand and other competitive advantages — and why brand is among the most durable moats in business.
- Cost of Capital
Recap: Dispelling Myths About Central Banks
The Fed controls one rate, not all rates — and the evidence that it 'leads' markets is weaker than most investors assume.
- Corporate Lifecycle
Dealing with Aging: A Recap of Intel, Walgreens, and Starbucks
Three iconic brands facing structural decline — and a framework for distinguishing constructive responses from destructive ones.
- Market Analysis
Understanding the Aftermath: Nvidia's Earnings Report Recap
Nvidia beat expectations and lost $200B in market cap the next day — a clean case study in the expectations game that drives post-earnings price action.
- AI & Technology
Recap: Professor Aswath Damodaran on AI Threat and Strategies to Beat Your Bot
Which knowledge work is actually at risk from AI — and the counter-strategies that preserve practitioner value.
- Corporate Lifecycle
The Corporate Life Cycle: A Comprehensive Overview Recap
A framework for mapping corporate age to capital structure, valuation approach, management profile, and investor fit.
- Risk & Capital
Understanding Country Risk: Determinants, Measures, and Implications
The four structural drivers of country risk, the three external forces that amplify it, and how to translate both into cost of capital inputs.
- Policy & Politics
Appealing to Nevada's Service Industry: Trump's Tax-Free Tips Pitch
At a Las Vegas rally, Donald Trump pledged to eliminate federal tax on tipped earnings — a pitch aimed at Nevada's hospitality workforce.
- Firm Operations
CLA Global Appoints Paul English as New CEO: A Strategic Leadership Change
CLA Global has named Paul English CEO, replacing co-CEOs Sancho Simmonds and Joseph Kask, who led the network since its 2022 formation.
- Firm Operations
Cohen & Co. Welcomes New Partners and Board Members in 2024
Cohen & Co. promoted seven partners and added two members to its board of managers in its 2024 class, with reelection of Dave Sobochan.
- Firm Operations
Elevating Global Strategies: New CEO Paul English at CLA Global
Paul English succeeds co-CEOs Sancho Simmonds and Joseph Kask at CLA Global, a network of 12 network and 12 alliance firms across the globe.
- Technology & AI
Empowering Nonprofits with AI: KPMG's Innovative Impact Initiative
KPMG's new AI Impact Initiative provides nonprofits with implementation guidance, tools, and workforce development to accelerate responsible AI adoption.
- PCAOB & Audit
Implications of PCAOB Sanctions on L&L CPAs and Auditors
The $150,000 in penalties against L&L CPAs underscore the PCAOB's focus on audit quality, firm reputation, and regulatory compliance.
- Tax & Regulation
Insights from the 16th Annual Tax Controversy Forum
NYU's 16th Annual Tax Controversy Forum convenes IRS officials, Tax Court judges, and DOJ leadership to address federal enforcement priorities.
- Professional Development
Keys to Career Success: Stanley Goldstein's Expert Suggestions
Career strategist Stanley Goldstein offers five principles for navigating a professional services career — planning, relationships, learning, risk, and resilience.
- Market News
Monthly Retail Imports Surge Expected This Summer
Inbound cargo at U.S. container ports is projected to reach its highest monthly level since October 2022, per the Global Port Tracker report.
- Accounting Industry
Navigating Concerns: The Transition of Public Accounting Firms
Public accounting firms are expanding into consulting and advisory, raising renewed questions about auditor independence and regulatory oversight.
- Tax & Regulation
Navigating IRS Audits with Confidence: A Guide to Proper Documentation
Audit readiness rests on comprehensive documentation — the records that answer what you did, how, why, and with what supporting evidence.
- Tax & Regulation
Navigating Tax Concerns in the Face of Election Uncertainty
Tax leaders are watching Inflation Reduction Act renewable energy credits; tax tacticians are focused on possible federal corporate rate changes.
- PCAOB & Audit
Penalties Imposed on L&L CPAs by PCAOB for Quality Control Violations
The PCAOB fined Florida-based L&L CPAs $75,000 and censured three auditors over quality control failures and late Form AP filings.
- Policy & Politics
Proposed Revisions to NYC Congestion Pricing Strategy
Governor Kathy Hochul is weighing a delay to the midtown Manhattan congestion pricing program, potentially substituting a business tax alternative.
- Accounting Industry
The Evolution of Modern Accountancy
The accountant's role has expanded well beyond bookkeeping into specialized advisory, strategic partnership, and emerging disciplines like forensics and sustainability.
- Market News
The Impact of U.S. Sugar Policies on the Canadian Candy Industry
U.S. sugar protectionism has driven candy manufacturers to invest hundreds of millions of dollars in Canadian production — Hershey, Mondelez, and others.
- Tax & Regulation
Transforming America's Tax System: A Call for Fairness and Reform
Two decades of tax cuts have produced a system labor economist Kathryn Anne Edwards calls unfair, unbalanced, and revenue-insufficient.
- Tax & Regulation
Challenging Georgia's New Seller Information Law: The Trade Association's Lawsuit
NetChoice has sued Georgia's Attorney General, arguing the state's Combating Organized Retail Crime Act is preempted by the federal INFORM Consumers Act.
- PCAOB & Audit
China's Potential Suspension of Global Auditor's Operations Raises Accountability Concerns Amid Evergrande Scandal
Chinese regulators are reportedly weighing a suspension of PwC's local operations over the firm's role in the Evergrande audit.
- Technology & AI
Enhancing Financial Predictions: ChatGPT vs. Human Analysts
In a recent study, ChatGPT predicted earnings directions with 60% accuracy — outperforming human analysts at 52.71%.
- Professional Development
Exploring the Trailblazing Journey of Samantha Bowling in Accounting
Samantha Bowling, managing partner at GW CPA LLP, discusses leadership, the evolving role of women in accounting, and the profession's AI future.
- Tax & Regulation
Insights from Tax Bloggers: Navigating Tax Challenges
Practitioner commentary consolidated by Accounting Today flags three ongoing pressure points: tax code complexity, IRS mail processing, and disaster deadlines.
- Technology & AI
Key Technologies Showcased at AICPA Engage 2024
AICPA Engage 2024 drew more than 5,000 attendees to Las Vegas to explore tax automation, integration platforms, client collaboration, and outsourced accounting.
- Accounting Industry
Navigating the Future: Evolving Role of Finance Leaders
Finance leaders face hard decisions on the future of accounting and finance functions — talent shortages, automation, and strategic collaboration.
- Cybersecurity
The Evolving Landscape of Middle Market Cybersecurity
RSM's 2024 Middle Market Business Index reports 28% of executives experienced a breach in the past year — matching the 2021 record.
- Policy & Politics
The Potential Impact of GOP on IRS's Direct File Program
The IRS's planned nationwide rollout of Direct File could face political headwinds if Republicans take control of Congress and the White House.
- Professional Development
Effective Strategies for Personal Wealth Growth for CPAs
CPAs often neglect their own finances while advising clients. Five practical approaches for translating professional expertise into personal wealth.
- M&A Activity
Insight into AuditBoard's Acquisition by Hg: A Strategic Partnership
AuditBoard has agreed to be acquired by Hg in a transaction valued at over $3 billion — positioning the connected risk platform for global expansion.
- Technology & AI
Optimizing Business Strategy with AI Integration
Successful AI adoption depends less on models than on leadership, project management, and process management — the organizational infrastructure around the technology.
- Accounting Industry
Test Your Accounting Knowledge: Gen Z Employees and Big Four AI Partnerships Explained
Accounting Today's June 3 news quiz covers Gen Z workplace expectations, Big Four AI partnerships, and recent regulatory developments.
- M&A Activity
The Rise of a Global Accounting Powerhouse
The Forvis–Mazars combination creates a global accounting network with $5 billion in revenue, 40,000 employees, and nearly 1,800 partners across 103 countries.
- Accounting Industry
Accounting Industry Update — New Business Units and Professional Services Initiatives
The Bonadio Group launches a new advisory unit and RSM stands up a Professional Services+ practice, continuing the industry's shift toward specialized service lines.
- Accounting Industry
Accounting Today's VAR 100 Survey Deadline Extended
Accounting Today has extended the 2024 VAR 100 survey deadline to June 12, giving accounting technology resellers additional time to submit entries.
- Market News
Analyzing the Decline: Impacts of Intuit's TurboTax User Loss
Intuit's free TurboTax tier lost about 1 million users year-over-year, but higher-complexity filers spent 10% more per return.
- Tax & Regulation
Challenges in IRS Tax Adjustment Processing
The IRS has cleared much of its return backlog but continues to fall behind on the documentation that drives tax adjustments.
- Technology & AI
Exciting Developments in the Accounting Tech Landscape
Marcum acquires CLA's Enhanced Managed Services division and Vertex consolidates two tax products, reflecting continued consolidation in accounting tech.
- Accounting Industry
Hillary Salo Appointed as FASB Vice Chair
The Financial Accounting Foundation has named Hillary Salo as FASB vice chair, elevating a veteran of standards implementation to the board's leadership.
- Accounting Industry
Honoring Excellence — Former Auditor's National Order of Merit Achievement
France has named former auditor and banking whistleblower Nicolas Forissier a chevalier of the National Order of Merit.
- Market News
Insights From the Recent Jobs Report
May employment beat expectations at 272,000 new jobs, with accounting adding 7,600 positions even as the unemployment rate ticked up to 4%.
- Tax & Regulation
IRS Releases New Guidelines for Energy Community Bonus Credit
Notice 2024-48 gives taxpayers the qualifying criteria for the Statistical Area and Coal Closure categories under the Energy Community Bonus Credit.
- Firm Operations
Key Appointments and Expansions in Professional Services Talent
Wolters Kluwer, Katz Sapper & Miller, FORVIS, and Schneider Downs announce senior leadership appointments reshaping their practices.
- Professional Development
Mastering Time Management — A Practical Guide to Calendar Blocking
A structured approach to calendar blocking helps accounting professionals protect deep work, match energy to task, and reduce multitasking drag.
- Firm Operations
Navigating Growth — Key Insights for Accounting Firm Success
Jason Blumer of Thriveal CPA Network outlines how accounting firms can scale sustainably through pricing, niche focus, and technology strategy.
- Tax & Regulation
Navigating the Taxing Consequences of Financial Fraud
Fraud victims face a double hit: losing money to scammers and then owing taxes on income they never received.
- Technology & AI
Streamlining Tax Preparation — The Future With Black Ore Tax Autopilot
Black Ore Tax Autopilot is an AI-driven 1040 preparation system positioned as an onshore alternative to offshored tax work.
- Accounting Industry
The Autonomy Debacle — Revelations and Verdict
Mike Lynch has prevailed in the long-running fraud case tied to HP's 2011 Autonomy acquisition, closing a chapter in one of tech's largest M&A disputes.
- Tax & Regulation
The Impact of Extended Waiting Time for Identity Theft Victims
Identity theft victims are now waiting nearly two years to recover tax refunds as the IRS redirects resources toward fraud prevention.
- Firm Operations
Unveiling the Boomer Knowledge Network — Empowering Accounting Firms
Boomer Consulting has launched BKN, a subscription platform offering on-demand training, tools, and content for accounting firms at scale.
- Tax & Regulation
Utah Movie Producer Convicted of Tax Crimes and Property Seizure
A federal jury convicted Blue Moon Productions owner Paul Kenneth Cromar of tax evasion and forcibly rescuing seized property.
- Compliance
Addressing Tax Evasion Allegations Against Binance Executive and Company
Binance executive Tigran Gambaryan and the company itself face allegations of VAT and corporate tax evasion, plus aiding customer tax avoidance.
- Firm Operations
Challenges and Trends in CPA Firms — A Look at 2024
AICPA survey of 667 firms identifies staffing and tax complexity as top concerns, with priorities varying sharply by firm size.
- Technology & AI
Empowering Solopreneurs With LettuceHead AI
Lettuce Financial has launched LettuceHead AI, an AI-powered tax knowledge hub targeted at the growing solopreneur market.
- PCAOB & Audit
Enhancing Auditing Practices for Digital Assets
The AICPA's refreshed practice aid lays out procedures for valuing, confirming existence of, and assessing obligations tied to digital assets.
- Market News
Insights Into CPA Business Executives' Economic Sentiment
The AICPA & CIMA Q2 survey shows optimism among CPA business executives falling to 35% as inflation, rates, and election uncertainty weigh on sentiment.
- PCAOB & Audit
Insights Into Strengthening Ethical Practices in Auditing Firms
A recent USC and FEI conference focused on how tone at the top and SEC/FASB compliance work together to strengthen auditing firm integrity.
- Tax & Regulation
Navigating Tax Compliance as a Digital Nomad
Remote workers moving across borders face layered residency, tax treaty, and filing obligations that professional advice typically resolves more cheaply than penalties.
- Firm Operations
Navigating the Landscape of Platform Company Partnerships
Platform partnerships offer scale and visibility but introduce real risk around control, dependency, and commoditization.
- Tax & Regulation
Recent Tax Cases Unveil Troubling Trends in IRS Fraud Detection
A string of recent convictions highlights the IRS's continued focus on tax preparer fraud, unreported dealer income, and complex evasion schemes.
- Firm Operations
Strategies for Enhancing Partner Alignment and Accountability
Partner alignment and accountability are the preconditions for sustainable firm change — and most firms underinvest in both.
- Firm Operations
The Benefits of Implementing Automated Accounts Payable Systems
AP automation continues to move from differentiator to baseline — reducing errors, compressing cycle times, and strengthening controls.
- PCAOB & Audit
The Power of Technology in Audit Processes
Thomson Reuters research finds auditors increasingly prioritize data analytics, automation, and AI for the fieldwork phase of engagements.
- Tax & Regulation
The Tax Consequences of Timing Restructuring for Cannabis Businesses
For cannabis operators, the timing of a restructuring decision can dominate its tax outcome — and missteps trigger meaningful cost.
- Technology & AI
Adapting Accounting Practices to the Digital Era
E-commerce has turned accounting into a data-management function, requiring professionals to understand platform controls, integrations, and settlement flows.
- Compliance
An Overview of Shohei Ohtani's Former Interpreter's Guilty Pleas
Ippei Mizuhara pleaded guilty to bank and tax fraud after misappropriating funds from Shohei Ohtani's accounts to cover gambling losses.
- Market News
Analysis: Private Sector Job and Wage Growth Decelerated in May
ADP reports the private sector added 152,000 jobs in May with year-over-year pay growth of 5.0%, signaling a softening labor market.
- Market News
Bitcoin Investor "Bitcoin Jesus" Released on Bail in Spain
Crypto investor Roger Ver, known as Bitcoin Jesus, has been granted conditional bail in Spain while contesting U.S. extradition on tax fraud allegations.
- Compliance
Challenges Faced by Charities and Not-For-Profits in Filing Form 990
Inflation, reduced giving, and resource constraints are squeezing nonprofit organizations at the same time Form 990 compliance demands remain unchanged.
- Market News
Challenges Faced by Middle Class Americans
Roughly two-thirds of middle-class Americans report financial strain despite strong headline economic indicators, exposing a gap between macro data and household reality.
- PCAOB & Audit
Concerns Arising From the Transition of Public Accounting Firms
As public accounting firms expand into consulting, advisory, and technology services, regulators and investors are questioning whether auditor independence holds.
- Technology & AI
Enhancing Tax Oversight — IRS Integrates AI for Improved Audits
A government report highlights the IRS's use of AI to select returns for audit and narrow the tax gap — and flags the need for consistency and transparency.
- Market News
Exploring Millionaire Potential: Best and Worst Locations Revealed
Coastal metros like San Francisco and Boston lead the U.S. for wealth-building odds, while El Paso and Mississippi show the lowest probability of millionaire status.
- Market News
Father's Day Spending Insights and Trends for 2024
Consumers plan to spend $22.4 billion on Father's Day 2024, the second-highest total in survey history, with shifting gift preferences and spending patterns.
- Firm Operations
Improving Manager-Employee Relationships: Bridging the Feedback Gap
Gallup research reveals managers consistently overestimate their own effectiveness relative to employee perception, exposing a structural feedback gap.
- Tax & Regulation
IRS Extends Tax Deadlines for Storm and Flood Victims in Massachusetts
The IRS granted filing and payment relief to Massachusetts taxpayers affected by FEMA-declared storm and flooding events, with automatic penalty relief for eligible returns.
- Tax & Regulation
IRS Urges Clean Fuel Producers to Secure Tax Credit Benefits
Notice 2024-49 directs clean fuel producers to secure signed IRS registration letters dated by January 1, 2025 to qualify for the Section 45Z credit.
- Firm Operations
Maximizing Firm Performance: The Impact of Infrastructure Strategies
Post tax-season is the right moment to review infrastructure strategy — scalability, security, collaboration, and integration — that underpins firm performance.
- Firm Operations
Maximizing Sales Potential: The Key to Growth in Accounting Firms
Accounting firms that build a dedicated sales function can unlock new markets and revenue streams, regardless of whether staff have prior sales experience.
- Accounting Industry
Navigating the Accounting Talent Pipeline Challenge
The National Pipeline Advisory Group calls for coordinated action from firms, schools, regulators, and associations to restock the accounting profession.
- M&A Activity
NDH Advisors Expands Portfolio With Acquisition of McGowan Guntermann PC
Chicago-based NDH Advisors has acquired Santa Barbara firm McGowan Guntermann PC, its third deal since private equity firm Unity Partners recapitalized NDH in May.
- M&A Activity
Promotions Galore — Baker Tilly Welcomes 41 New Principals
Baker Tilly promoted 41 new principals effective June 1 as the firm restructures around a Hellman & Friedman and Valeas Capital investment.
- Professional Development
The Dynamic Evolution of Accounting Roles
The accountant's role now spans tax planning, financial analysis, auditing, and strategic advice, pushing the profession well beyond traditional number-crunching.
- Tax & Regulation
US Court Invalidates SEC Rule on Hedge Fund Fee Disclosure
The Fifth Circuit ruled that the SEC exceeded its authority in imposing fee-disclosure requirements on private funds, a notable setback for the agency.
- Accounting Industry
Achieving Transparency and Consistency: GASB's Pension Standards Review
GASB's post-implementation review concludes that Statements 67 and 68 met their transparency and comparability objectives for public-sector pension reporting.
- M&A Activity
Advancing Credit Union Auditing: Doeren Mayhew's Acquisition of Nearman, Maynard, Vallez
Top-60 firm Doeren Mayhew acquired Miami-based Nearman, Maynard, Vallez CPAs, consolidating its position as the leading credit union auditor in the U.S.
- Accounting Industry
Enhancing Accounting Efficiency through Software Understanding
Software implementations only succeed when organizations understand underlying requirements — particularly for complex standards like GASB 87 and GASB 96.
- Compliance
Enhancing Business Compliance: The Power of TINCheck by Sovos
Sovos's TINCheck validates names and TIN/EIN data against IRS databases and global watchlists, reducing exposure to tax penalties, sanctions, and identity fraud.
- M&A Activity
Expansion in the Accounting Industry: Mergers and Additions Unveiled
Recent M&A moves include NDH acquiring McGowan Guntermann, Kostelanetz combining with Welty, and Avantax adding tax specialist Erin Hinzmann.
- Market News
Exploring the Widening CEO-Worker Pay Gap in S&P 500 Companies
Median CEO pay at S&P 500 companies rose 12.6% to $16.3 million in 2023, far outpacing the 4.1% gain in private-sector worker wages.
- Technology & AI
Fieldguide Launches Innovative Financial Audit Solution
Fieldguide released a financial-audit solution that applies AI and machine learning to automate repetitive tasks, detect anomalies, and enhance collaboration.
- Tax & Regulation
Insights from Tax Bloggers: Navigating Tax Code Complexity
Tax bloggers weigh in on growing code complexity, IRS mail-processing delays, and deadline relief for disaster victims, calling for a simpler and more transparent system.
- Market News
Insights Into Recent Decline in U.S. Job Openings
April JOLTS showed U.S. job openings falling to 8.06 million, the lowest in three years, as labor demand cools without a meaningful rise in layoffs.
- Accounting Industry
IESBA Prioritizes Sustainability in Annual Report
The IESBA's latest annual report highlights code enhancements, stakeholder engagement, and a forward agenda centered on sustainability and ESG ethics.
- Policy & Politics
Navigating Climate Change: Five Steps for Business Leaders
A practical five-step framework for business leaders to build an actionable climate mitigation strategy — from emissions assessment to transparent reporting.
- M&A Activity
Navigating Mergers and Acquisitions in the Accounting Industry
Accounting-sector M&A remains active; success depends on clear vision, integration discipline, and honest financial and cultural alignment.
- Accounting Industry
Navigating the Transformative Landscape of Accounting and Finance Functions
Finance leaders face hard calls on staffing, technology, and cross-functional collaboration as automation reshapes the accounting and finance function.
- PCAOB & Audit
Potential Penalties Await PwC in Evergrande Fraud Investigation
China's Ministry of Finance is expected to announce penalties against PwC for its role auditing Evergrande, with potential fines, audit restrictions, or business suspension.
- Accounting Industry
Celebrating the 2024 Most Powerful Women in Accounting
AICPA and CPA Practice Advisor announced the 13th Annual Most Powerful Women in Accounting Awards at AICPA ENGAGE 2024, honoring 25 industry leaders.
- Professional Development
Setting Yourself Apart: Strategies for CPA Financial Planners
CPA financial planners must actively articulate their tax-integrated value proposition to differentiate in a crowded wealth-management market.
- Cybersecurity
Strengthening Cybersecurity Practices in Accounting Firms
Managed security services offer accounting firms 24/7 monitoring, advanced threat detection, and compliance support without the cost of building an in-house team.
- Accounting Industry
Transfer of Educational Initiative Management Sparks New Opportunities
The Two-Year Bridge Symposium moves from NC A&T's stewardship to the American Accounting Association Foundation, broadening its reach in accounting education.
- Professional Development
Understanding Gen Z: Embracing Change in the Workplace
More than half of surveyed Gen Z workers freelance at least 40 hours a week, prioritizing schedule control, career agency, and AI-enabled workflows.
- Tax & Regulation
Understanding State Tax Variations on Capital Gains
State capital-gains tax rates vary widely — from zero-income-tax states to California and Minnesota at the high end — materially affecting after-tax returns.
- Market News
Understanding the Impact of Decreasing Hourly Earnings Growth
Paychex data shows hourly earnings growth at its lowest level since mid-2021, with implications for workers, consumer-exposed businesses, and income inequality.
- Tax & Regulation
Understanding the Implications of Marijuana Reclassification on Business Structures
Reclassifying marijuana would reshape business structures across healthcare, agriculture, retail, and finance, opening banking access and investment pathways.
- Professional Development
Understanding the Success of CPA Financial Planners
Top CPA financial planners have crossed $1 billion in assets under management, per Accounting Today's annual ranking — reflecting client trust and cross-discipline expertise.