Not-for-profit organizations rely on a strong financial infrastructure in order to support their ongoing operations, ensure ...

We appreciate the thoughts, issues, or questions raised by the readers of the Corporate Governance Corner. The subject of this column is a response to a thoughtful, real-world situation raised by one ...

For decades, CPA firms have been built on a simple formula: hire enough junior staff, work them hard during busy season, and eventually a few of them become partners. The entire economic model of the ...

Budgeting is important to any organization, but particularly for nonprofits. Given the unique challenges that nonprofits face in the current environment of macroeconomic and regulatory uncertainty, it ...

The US Department of Justice (DOJ) and IRS are currently conducting a criminal investigation into potential abuses of Puerto Rico’s Act 60 tax incentive program, and the government has reportedly ...

The One Big Beautiful Bill Act (P.L. 119-21) was signed into law on July 4, 2025, and § 70204 of OBBBA added new IRC §§ 530A, 128, 6434, and 139J. IRC § 530A created Trump accounts, which are ...

The CPA Journal is a publication of the New York State Society of CPAs, and is internationally recognized as an outstanding, technical-refereed publication for accounting practitioners, educators, and ...

IN BRIEF FASB's recent guidance on accounting joint ventures, ASU 2023-5, is intended to resolve diversity in practice and simplify the accounting for these entities.… ...

IN BRIEF Budgeting is important to any organization, but particularly for nonprofits. Given the unique challenges that nonprofits face in the current environment of macroeconomic… The CPA Journal is a ...

Minimizing and mitigating fraud risks has evolved over the years, and this progress can be seen in the pages of The CPA Journal itself. The authors of the current article revisit a number of previous ...

Fraud risk management has become increasingly important in the current business environment. How CPAs can best apply their expertise to this task remains a question requiring further investigation.