Stakeholders have until Jan. 4 to comment on a proposal to simplify the application of guidance used to determine whether equity-linked contracts, such as warrants, should be considered indexed to an ...

A public comment period on proposed changes to the AICPA Code of Professional Conduct will soon open after the AICPA’s ...

Because of the expanded excise tax on excess compensation, applicable tax-exempt organizations may need to rethink the ...

Stakeholders have until Jan. 11 to provide feedback on a proposed Accounting Standard Update aimed at improving operability ...

Before sharing firm data for AI training, CPAs should assess client consent, confidentiality obligations, and the limits of redaction.

Four firms share examples of using artificial intelligence to assess risk, prepare data, and flag anomalies in ways that save time and money.

CPAs must understand AI’s limits, test its outputs, and keep professional skepticism firmly in human hands. Four firms share ...

Three years after tax professionals attended the AICPA National Tax Conference’s first session on generative AI, a speaker from the 2023 conference and a speaker at this year's conference say the ...

Firms seeing the greatest success with AI are building a strong technology foundation rather than simply adding more tools.

Sullivan currently serves as chair of the Financial Accounting Standards Advisory Council and served as an audit leader during a long career with Deloitte.

The Tax Court granted the IRS summary judgment in a CDP matter, sustaining the rejection of the taxpayer’s proposed collection alternatives and upholding both a notice of federal tax lien and a ...