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FASB has proposed an accounting standard that would clarify an issuer’s accounting for certain modifications or exchanges of freestanding equity-classified forwards and options.

The IRS is restarting its 500 series of balance-due notices to taxpayers after putting a hold on the mailings in May due to the COVID-19 pandemic.

How auditors assess and respond to risks of material misstatement in the financial statements is a critical component of audit quality, a new AICPA study finds.

By following the adage “less is more,” you can deliver an impactful presentation that resonates with the audience.

More organizations are hiring full-time or temporary staff remotely during the COVID-19 pandemic, a new survey shows.

The IRS has announced the annual inflation adjustments for the tax year 2021, including tax rate schedules, tax tables and cost-of-living adjustments.

The AICPA’s Personal Financial Satisfaction Index (PFSi) saw its highest-ever quarterly growth in the third quarter of 2020, rising 16.5 points, marking a 99% increase from the last quarter.

The IRS increased the 2021 income ranges that determine whether taxpayers are eligible to make deductible contributions to IRAs, contribute to Roth IRAs and claim the saver’s credit.

The IRS is now accepting comments on its draft Form 1065 instructions on partner tax basis reporting.

FASB recently proposed to improve three targeted areas of its lease accounting guidance.