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The Journal of Accountancy is the ultimate resource for today’s CPA, with breaking news and and in-depth features.
News
Proposed rules would restrict Trump account eligible investments
The IRS proposed regulations that would limit Trump account investments to low-fee stock index funds and ETFs during the growth period.
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ASB approves standard on auditors' responsibilities relating to fraud
The AICPA Auditing Standards Board approved a new fraud standard to enhance and clarify auditor responsibilities in a financial statement audit.
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IRS shifts approach to conservation easement disputes
The agency said it has ended its latest conservation easement settlement initiative and is creating a new office to coordinate strategy for such cases.
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FASB proposal addresses whether certain digital assets are cash equivalents
FASB is seeking feedback on a proposal that aims to answer stakeholder uncertainty about how the definition of cash equivalents applies to stablecoins and other digital assets.
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Pets influence Americans' financial decisions, AICPA survey finds
Dogs and cats are more than pets for many Americans, who consider the animals family members. An AICPA survey found that pet owners often budget for their animals, prioritize pet spending, and include pets in estate planning.
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