CPA Never under estimate the value
Although finance professionals are optimistic about their own businesses’ economic prospects, the delta variant’s spread and scarcity of job seekers caused concerns that were reflected in a modest drop in the CPA Outlook Index in the AICPA Business and Industry Economic Outlook Survey.
Source: JOA News
Read More here – COVID-19 resurgence, tight labor market lead to drop in optimism
The SBA is sending out invitations for Shuttered Venue Operator Grant (SVOG) recipients to apply for supplemental funding from the $16.25 billion program.
Source: JOA News
Read More here – Shuttered Venue Operator Grant program enters supplemental phase
The AICPA recommended in a letter to Senate tax-writing leaders eight ways to improve the deduction for qualified business income under Sec. 199A.
Source: Tax News
Read More here – AICPA recommends QBI improvements
The AICPA recommended in a letter to Senate tax-writing leaders eight ways to improve the deduction for qualified business income under Sec. 199A.
Source: JOA News
Read More here – AICPA recommends QBI improvements
FASB engaged in more than 430 investor interactions in the year ended June 30, 2021, according to a new report.
Source: JOA News
Read More here – FASB report describes investor outreach
Hiring qualified staff emerged as the No. 1 concern of firms employing six or more people in the 2021 AICPA Private Companies Practice Section CPA Firm Top Issues survey.
Source: JOA News
Read More here – Staffing and COVID-19 relief programs are firms’ top concerns in 2021
Rebekah Goshorn Jurata and Megan Zietsman said that they plan to resign from the Public Company Accounting Oversight Board on Oct. 1 or the date of appointment of new board members, whichever comes first.
Source: JOA News
Read More here – PCAOB’s Jurata, Zietsman to resign as transition continues
Global supply chain problems caused by the COVID-19 pandemic have made it difficult for US companies to replace inventories, potentially subjecting them to additional taxable income. The AICPA has requested relief under Sec. 473.
Source: Tax News
Read More here – Interruption of LIFO inventories due to COVID-19 and Sec. 473 relief
Global supply chain problems caused by the COVID-19 pandemic have made it difficult for US companies to replace inventories, potentially subjecting them to additional taxable income. The AICPA has requested relief under Sec. 473.
Source: JOA News
Read More here – Interruption of LIFO inventories due to COVID-19 and Sec. 473 relief
Although just 31 of the S&P 500 companies use public company auditors for environmental, social and governance assurance, increased regulation and investor focus may lead to more opportunities for practitioners in the future.
Source: JOA News
Read More here – ESG assurance an elusive but promising opportunity for auditors
