CPA Never under estimate the value
The COSO enterprise risk management framework can help leaders manage risks associated with their AI strategies.
Source: JOA News
Read More here – How to use COSO to implement and scale AI projects
Built by Black CPAs who succeeded despite adversity, these firms continue to play an important role in the profession’s recruitment and advancement initiatives, and with the clients they serve.
Source: JOA News
Read More here – Early Black-owned CPA firms spurred diversity efforts
A new FASB proposal intends to clarify that a contractual restriction on the sale of an equity security is not considered part of the unit of account of the security and therefore is not considered in measuring fair value.
Source: JOA News
Read More here – FASB proposal addresses fair value and equity security sale restrictions
The IRS reports that its Transcript Delivery System is down for business taxpayers who reported information related to COVID-19 employment tax relief on Form 941, Employer’s Quarterly Federal Tax Return.
Source: Tax News
Read More here – Transcript Delivery System down for some Form 941 transcripts
The IRS reports that its Transcript Delivery System is down for business taxpayers who reported information related to COVID-19 employment tax relief on Form 941, Employer’s Quarterly Federal Tax Return.
Source: JOA News
Read More here – Transcript Delivery System down for some Form 941 transcripts
The Center for Audit Quality has published a resource that describes management and auditors’ responsibilities related to climate-related risk reporting.
Source: JOA News
Read More here – How climate risks are reflected in current financial statements
The proposal would raise tax rates for corporations and individuals and make many other changes to the Internal Revenue Code.
Source: Tax News
Read More here – Ways and Means releases list of tax provisions for budget bill
The proposal would raise tax rates for corporations and individuals and make many other changes to the Internal Revenue Code.
Source: JOA News
Read More here – Ways and Means releases list of tax provisions for budget bill
The SBA unveiled a menu of COVID-19 EIDL program modifications designed to make it easier for restaurants and other businesses particularly hard hit by the pandemic to take out EIDL loans.
Source: JOA News
Read More here – SBA quadruples COVID-19 EIDL limit to million
Following a pandemic-related delay, the new standard takes effect for entities within the “all other entities” category for fiscal years starting after Dec. 15, 2021, and for interim periods within fiscal years beginning after Dec. 15, 2022.
Source: JOA News
Read More here – Lease accounting: Private companies on the clock after delay
