Audit and tax firms have long understood that the traditional services for which they are being engaged (e.g., conducting an ...

Many corporate executives continually question and analyze their business practices to achieve their goals more effectively ...

A company's long-term liabilities, such as bonds payable and finance leases, arise from its future cash flow obligations.

As an accounting major graduating in the spring, I have had the opportunity to study the ways in which environment, social ...

Decentralized finance (DeFi) is an emerging peer-to-peer system for conducting financial activity on the blockchain without ...

In Brief The recent surge in inflation has led managers to reassess the best inventory valuation methods—first-in-first-out (FIFO) or last-in-first-out ...

Often in the discussion of data and data analytics, the focus is on what organizations can potentially do. Unfortunately, risks associated with the use, analysis, and storage of data and the results ...

A Missed Direction for Fighting Fraud. Criminologist Donald Cressey’s fraud triangle attributes the occurrence of fraud to three crucial elements: a nonshareable financial pressure, an opportunity, ...

This article extends the authors’ previous work about the future of accounting education concerning the forces disrupting the accounting profession and the associated impact on accounting education (M ...

The recent Supreme Court decision in South Dakota v.Wayfair will expand retailers’ responsibilities to collect sales taxes on out-of-state purchases.Although the Court’s rationale was that ...

Graduate versus Undergraduate Path. Proponents of the 150-hour requirement have argued that the additional education strengthens the competency of accounting students, better preparing them for the ...

Benefits of Diversity. Exhibit 1 identifies the benefits of increasing workplace diversity to accounting firms and other organizations.Because resources and effort may be required to benefit from ...