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  • Help Benchmark Core Competencies of U.S. CPAs in Public Accounting

    September 15, 2014
    The profession has identified seven core competencies for CPAs. This survey will serve as a benchmarking tool to measure these competencies, and the data will be used to develop online educational modules that can enhance them.
  • Majority of House of Representatives Urge Leadership to Preserve Cash Method of Accounting for Tax Purposes

    September 12, 2014
    A bipartisan majority of the U.S. House of Representatives – 233 members – have signed a letter urging the House leadership to preserve the cash method of accounting for tax purposes, writing that proposals requiring a transition to the accrual method “will have a severely detrimental impact on thousands of businesses in our districts.”
  • Governor Signs Bill Changing the Makeup of the State Board

    September 11, 2014
    On September 10, legislation (S2163) that makes important changes to the composition of the New Jersey State Board of Accountancy was signed by Governor Chris Christie.
  • PCAOB Issues Alert on Auditing Revenue

    September 9, 2014
    The Public Company Accounting Oversight Board has issued a Staff Audit Practice Alert to highlight for auditors the requirements for auditing revenue under PCAOB standards, in light of significant audit deficiencies in this area that have been frequently observed during PCAOB inspections.
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