I did not set out to build a career in international development. Like many CPAs, I began with a simple and familiar ambition: to join a profession grounded in integrity, discipline, and ...

Note from Column Editor Anton Lewis: This column introduces a historical perspective on accounting’s potential to facilitate coercion and enhance subjugation—or, instead, to advance social justice.

Risk managers are continuously reminded by regulatory bodies and framework developers of the importance of maintaining an ...

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

In Brief Sustainability investing continues to grow in popularity, but the lack of standardization in sustainability reporting poses a challenge for investors wishing to maximize… ...

ASU 2023-05 addresses the accounting by a joint venture for the initial contribution of nonmonetary and monetary assets to the undertaking. This article discusses the underlying principle that JVs ...

What is audit quality? This is not meant as a philosophical question, but rather as one that can be answered through definitions and evidence drawn from practice, audit committees, regulators, and ...

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. But classifying a newly created entity as ...

On Nov. 4, 2024, FASB issued ASU 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40). Public business entities must implement this standard ...

Public company auditing is a complex and challenging area of accounting practice. The following revisits the authors’ 2020 article that asked, “Where is public company auditing headed?” and evaluates ...

The authors’ prior article “Mastering Accounting Communication with Storytelling and Data Visualization” (May/June 2025) explored the shifting role of accountants from traditional “bookkeepers” to ...

CPAs are well aware of the challenges and complexities arising from ensuring the integrity and reliability of data. These issues reside not only within an organization, but also involve trusted ...