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GASB finds widespread use of GAAP in states and localities

GASB released a study on utilization of GAAP among state and local governments and found all the states are using GAAP, but only about three-quarters of localities are.

Acumatica launches update with new interface, AI, payments

ERP solutions provider Acumatica announced the rollout of its R1 release, sporting enhanced AI features as well as more industry-specific solutions.

PCAOB offers videos on quality control monitoring, remediation

The Public Company Accounting Oversight Board has created three videos from its staff on its quality control standard's monitoring and remediation process.

IRS reportedly nears deal to share info with ICE

The Internal Revenue Service is reportedly getting close to an agreement to share information such as taxpayers' addresses with immigration officials upon request.

Succession planning: It's not just for clients

John P. Napolitano

When small CPA shops suddenly end, clients are left to scramble for a replacement — and any enterprise value that the owner may have had withers away.

Art of Accounting: 15 ways to keep calm as tax season ends

Edward Mendlowitz

Tax season usually is the most stressful period of the year for accountants. Staying calm will help you, your clients and staff.

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