CPA Never under estimate the value
A pair of reports break down the states where employees enjoy the most freedom when it comes to where they work and the areas where the flexible work model isn’t as common.
Source: JOA News
Read More here – Flexible work rankings: How does your region stack up?
Helping the growing demographic of childfree individuals and couples plan their financial futures requires a shift in perspective.
Source: JOA News
Read More here – Key planning considerations for childfree clients
In addition to the guidance on the plan, the letter recommends that Treasury and the IRS continue pursuing tax simplification.
Source: JOA News
Read More here – AICPA makes recommendations to IRS on next Priority Guidance Plan
Businesses are automating the wrong financial planning and analysis processes, leading to FP&A staff being overextended and burned out, according to a recent report from Gartner.
Source: JOA News
Read More here – Report: Businesses off target on FP&A processes
The AICPA presented Bob Kueppers, CPA, with the 2024 AICPA Gold Medal Award of Distinction, the organization’s highest honor.
Source: JOA News
Read More here – AICPA gives Gold Medal Award of Distinction to Kueppers
The IRS said scams involving the fuel tax credit, the sick and family leave credit, and household employment taxes led thousands of taxpayers to file inflated refund claims.
Source: JOA News
Read More here – IRS warns about more tax scams
Changes to Regulation S-P call for covered institutions to develop an incident-response plan beginning in 2026.
Source: JOA News
Read More here – SEC strengthens requirements for response to data breaches
The statement offers new definitions of “other practitioner” and completes the suite of standards that firms performing A&A services are required to use to design and implement a QM system by Dec. 15, 2025, and to perform A&A services in accordance with for engagements beginning on or after that date.
Source: JOA News
Read More here – New SSAE caps standards related to quality management
The IRS was required to reduce the charge for preparer tax identification numbers after a federal court found the previous amount excessive. The final regulations adopt the text of interim final and proposed regulations issued in 2023 without change.
Source: JOA News
Read More here – Regulations finalize PTIN fees for tax return preparers
PCAOB updates general auditor responsibilities, quality control rules
AS 1000, General Responsibilities of the Auditor in Conducting an Audit, replaces AICPA-provided standards, and QC 1000, A Firm’s System of Quality Control, considers the AICPA’s new quality management standards.
Source: JOA News
Read More here – PCAOB updates general auditor responsibilities, quality control rules
