Featured News
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Accounting struggles to attract Black students
A new AICPA survey places the percentage of African American students graduating with a bachelor’s or master’s degree in accounting at just 5%.
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IRS unveils 2019 Data Book
The IRS recently unveiled the 2019 IRS Data Book, featuring a redesigned format that provides a different and expanded look at the agency’s accomplishments during the past year.
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Names of some PPP recipients released
The Small Business Administration and Treasury have released the names of all organizations that received Paycheck Protection Program forgivable loans of $150,000 or more.
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Trump signs PPP extension
President Trump signed a bill July 4 that reopens the application window for the Paycheck Protection Program until Aug. 8.
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Managers report rise in productivity
A majority of workers and managers say productivity has risen or stayed the same since the COVID-19 pandemic, according to a new survey.
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GASB delves into financial statement elements
GASB proposed June 1 a concepts statement addressing recognition of financial statement elements.
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Answers to PPP lender accounting questions
The AICPA discusses a range of lender accounting issues related to the Paycheck Protection Program in new Technical Questions and Answers posted online.
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WEDC shares COVID-19 impact report
A new report by the Wisconsin Economic Development Corp. outlines a plan to help the state recover from the economic impacts of the COVID-19 pandemic.
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Tracking down cryptocurrency
Forensic accountants are combining old-fashioned sleuthing techniques with complex blockchain investigations as criminals increasingly turn to cryptocurrencies to launder the proceeds of fraud.
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Senate approves 5-week PPP extension
The U.S. Senate unanimously passed a five-week extension of the Paycheck Protection Program on Tuesday, June 30.