Monthly Archives: October 2024

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Reinforcing DEI accountability

Category:Uncategorized

Even as the climate for diversity, equity and inclusion remains volatile, the near- and longer-term impacts of DEI on the accounting profession amplify shared accountability.
Source: JOA News
Read More here – Reinforcing DEI accountability


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BOI reporting deadlines extended for certain victims of 5 hurricanes

Category:Uncategorized

The AICPA had requested that the Financial Crimes Enforcement Network extend reporting deadlines for beneficial ownership information for victims of hurricanes Beryl, Debby, Francine, Helene, and Milton.
Source: JOA News
Read More here – BOI reporting deadlines extended for certain victims of 5 hurricanes


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FASB proposes guidance on business combinations

Category:Uncategorized

FASB published a proposed Accounting Standards Update that is intended to improve the requirements for identifying the accounting acquirer in a business combination.
Source: JOA News
Read More here – FASB proposes guidance on business combinations


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IRS to end automatic penalties for late filing of foreign gift, bequest forms

Category:Uncategorized

National Taxpayer Advocate Erin Collins discussed the changes in a recent blog post. The changes have been long advocated by the AICPA.
Source: JOA News
Read More here – IRS to end automatic penalties for late filing of foreign gift, bequest forms


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Accounting for software: FASB proposes amendments to its guidance

Category:Uncategorized

The Financial Accounting Standards Board seeks public comment on targeted improvements to the reporting of internal-use software.
Source: JOA News
Read More here – Accounting for software: FASB proposes amendments to its guidance


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How students use — and don’t use — ChatGPT

Category:Uncategorized

By Jacqui Wukich, CPA, Ph.D.; Cassy Henderson, Ph.D.; and Ronald J, Daigle, CPA, CGMA, Ph.D.
Source: JOA News
Read More here – How students use — and don’t use — ChatGPT


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Shorter supply chains: US companies set sights on the Americas

Category:Uncategorized

Most senior executives are pleased by the impact of moving their supply chains closer to home, according to a KPMG report. Learn four keys to considering whether a change would benefit your company.
Source: JOA News
Read More here – Shorter supply chains: US companies set sights on the Americas


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Annual inflation adjustments announced for tax year 2025

Category:Uncategorized

The IRS on Tuesday provided its annual inflation adjustments for over 60 tax provisions in tax year 2025, including increases in the standard deduction for married couples and single individuals.
Source: JOA News
Read More here – Annual inflation adjustments announced for tax year 2025


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New fellowship honoring Melancon will support doctoral students

Category:Uncategorized

Barry C. Melancon Professional Accounting Research (PAR) Fellowship recognizes the legacy of the retiring CEO and will support research in public and management accounting.
Source: JOA News
Read More here – New fellowship honoring Melancon will support doctoral students


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GASB provides guidance for certain capital assets

Category:Uncategorized

GASB issued guidance for certain types of capital assets to be disclosed separately for purposes of note disclosures.
Source: JOA News
Read More here – GASB provides guidance for certain capital assets