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SEC Adopts New Disclosure Rules for Hedge Fund and Private Equity Advisers
Trusted Professional
The Securities and Exchange Commission (SEC) voted on Wednesday to adopt new disclosure rules for hedge fund and private…
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Senators Demand IRS Action on AI-Generated Tax Scams
Taxation
A bipartisan group of senators has asked IRS Commissioner Daniel Werfel to take steps to foil tax scams generated by AI…
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Two Professors Say Tech-Centric 'Fourth Industrial Revolution' Will Have Major Impact on Workplace
NextGen
The fourth industrial revolution is now upon us, with significant implications for the way we work, two strategy professors…
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Crypto Holder Challenges IRS 'John Doe' Summons
Taxation
A Coinbase client is challenging the IRS’s actions in seizing his financial records from that cryptocurrency exchange…
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PCAOB Inspection Reports to Include Auditor Independence Section
Auditing
The Public Company Accounting Oversight Board (PCAOB) has added a new section on auditor independence to its inspection…
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'Too Big To Fail' Rears Its Head Again
Trusted Professional
JPMorgan Chase’s purchase of the failing First Republic Bank is reviving the specter of “too big to fail” that haunted…
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Entrepreneur Recommends Abandoning To-Do Lists and Focusing on Top Priorities
NextGen
Despite decades of believing that to-do lists were the best way to stay organized, one entrepreneur has come to believe that…
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FDIC Recommends Expanding Its Authority in Order to Prevent Bank Runs
Trusted Professional
In light of recent bank failures, the Federal Deposit Insurance Corporation (FDIC) issued a report recommending an expansion…
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Master’s Degree in Accounting Can Provide Significant Career Boost
NextGen
CPAs with master’s degrees have opportunities to enter other unique roles or increase their earnings by going into C-suite…
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