I wrote a short piece concluding that audit opinions still matter. I drafted this essay within the judicial context of a ...

To reduce unnecessary costs, businesses strive to minimize their tax liabilities. Employment taxes, particularly the employer’s share of Social Security and Medicare taxes under FICA, may represent a ...

As a CPA who has also earned a PhD in behavioral accounting, I have always been qualified to practice forensic accounting. After all, in order… ...

Editor's Note: The following article by David T. Wolfe and Dana R. Hermanson was originally published in the December 2004 CPA Journal and appeared online… ...

The liquidation of a partner's entire partnership interest can take various forms, including payment made by the partnership to the retiring partner in complete redemption… ...

3. When is a worker eligible for Social Security? Once individuals have worked 40 quarters, they are considered fully insured. A qualifying quarter in 2024 for an employee will require at least $1,730 ...

FASB News Five Areas of Key Reforms to Simplify Hedge Accounting Rules Floated On September 25, FASB proposed five areas of targeted changes to hedge ...

This generalization is held by many forensic accountants and fraud investigators. This is because it’s not mere capability that makes a fraudster—rather, it’s the situation that enables fraud, ...

Self-published. Paperback, $24.95 on Amazon Reviewed by Yigal M. Rechtman The first thing to know about this ...