CPA Never under estimate the value
The CPA Competency-Based Experience Pathway offers an additional option for CPA candidates. Comments on the proposal are being accepted through Dec. 6.
Source: JOA News
Read More here – AICPA, NASBA propose a new pathway to CPA licensure
QC 1000 establishes a risk-based system that aligns with AICPA quality management standards, both of which take effect in late 2025.
Source: JOA News
Read More here – SEC approves PCAOB system of quality control
Leaders at private and newly public companies are optimistic about growth opportunities, although many view the pivotal role that artificial intelligence plays to be a double-edged sword.
Source: JOA News
Read More here – Increasing appetite for M&A, AI driving growth, survey finds
Treasury and the IRS issued a notice on saver’s match contributions to be paid by Treasury under provisions of SECURE 2.0.
Source: JOA News
Read More here – IRS seeks comments on SECURE 2.0 saver’s match contributions
Research reveals how a comprehensive plan related to the relationship between data and artificial intelligence can pay dividends.
Source: JOA News
Read More here – A profitable path powered by AI: Benefits of becoming a ‘data master’
Finance decision-makers in a quarterly survey say they have concerns on several fronts. As a result, business and industry executives have lower revenue and profit projections.
Source: JOA News
Read More here – Decline in economic and organizational optimism among CPA leaders
As mandatory regulations related to reporting on and assurance of sustainability data begin to take hold, now is the time for CPAs in a variety of roles to position themselves to take advantage.
Source: JOA News
Read More here – Sustainable services: CPAs positioned for burst in opportunities
The IRS said that crowdfunding distributions may be included in the gross income of the person receiving them, depending on the facts and circumstances of the distributions.
Source: JOA News
Read More here – Fact sheet addresses taxability of crowdfunding distributions
The proposed revisions relate to monitoring challenges and independence threats related to an account owner’s direct financial interest in Sec. 529 plans.
Source: JOA News
Read More here – PEEC releases ethics exposure draft for Sec. 529 plans
Treasury’s Financial Crimes Enforcement Network estimates the rule will require about 200 previously unaffected small RIAs to participate in FinCEN’s anti-money-laundering and terrorism programs. The number of affected RIAs is lower than the proposed rule’s estimate.
Source: JOA News
Read More here – FinCEN final rule lessens impact on small registered investment advisers
