ThomsonReuters

APRIL 18, 2023

That’s why it is no surprise that the AICPA’s most recent “Top Firm Issues Survey ” found that “keeping up with changes and complexity of tax laws” is among the top issues for firms large and small. Complex rules related to investments, acquisitions, tax accounting, and revenue recognition.

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ThomsonReuters

JANUARY 18, 2024

While the number of college accounting graduates has been on the decline , projections for the 2023–24 academic year proved more favorable, according to the AICPA’s 2023 Trends report. The amendments were meant to address lack of accounting, diversity in practice, or both, on these matters.”

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accountant accounted Account tax preparation 59

ThomsonReuters

APRIL 18, 2023

Recognition errors: this could occur, for instance, when accounting for leases or reporting compensation expense from backdated stock options. Complex rules related to investments, acquisitions, tax accounting, and revenue recognition. What causes inaccurate financial reporting?

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