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House Passes Budget Resolution: Tax Cuts and Spending Reductions Up for Senate Negotiation
Accounting
The Financial Times reports that the U.S. House of Representatives has passed a budget resolution proposing $4.5 trillion in…
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Big Four Firms Split on Diversity Initiatives Amid Political Pressure
Accounting
According to Bloomberg Law, the Big Four accounting firms are facing a deep divide over diversity, equity and inclusion…
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Report: Accounting Industry Sees Major Hiring and Salary Growth in 2024
Accounting
A new report from global HR and payroll firm Deel released Feb. 20 reveals that accountants experienced the highest hiring…
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Virginia, Pennsylvania and Minnesota Move to Expand CPA Licensure Pathways
Accounting
According to a report by Accounting Today, Virginia has become the second state, following Ohio, to introduce an alternative…
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IRS Faces Potential Layoffs Amid Tax Season, Raising Concerns
Accounting
Despite previous assurances that buyouts and layoffs would not take effect until after tax season, the IRS is reportedly…
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AICPA, NASBA Propose UAA Changes Amid Various States Exploring New Pathways to CPA Licensure
Accounting
The AICPA and NASBA are advancing proposed changes to the Uniform Accountancy Act (UAA), introducing another alternative…
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AICPA and NASBA Release Feedback Expressing Concerns About Their Proposed Competency-Based Pathway and UAA
Accounting
The AICPA and the National Association of State Boards of Accountancy (NASBA) have gathered extensive feedback on proposed…
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AICPA CEO Mark Koziel on the Future of Accounting Under the Trump Administration
Accounting
At a recent Accountants Club of America event, AICPA & CIMA CEO Mark Koziel discussed major regulatory shifts impacting…
Read More
PCAOB Withdraws Proposed Rules on Firm and Engagement Metrics to Get SEC's Support
Accounting
The Public Company Accounting Oversight Board (PCAOB) has withdrawn two disclosure rules that the accounting profession was…
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