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

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

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

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 ...

Ongoing Preparation Throughout the Closing Process. A key component of the ongoing planning, documentation, and preparing for the audit is having a consistent and “competent monthly closing”—and the ...

Current Transfer Tax Law. Before discussing succession plan options, a review of current transfer taxes is in order. Under the provisions of the American Taxpayer Relief Act (ATRA) of 2013 and the Tax ...

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 ...

The Inheritance Tax. The New Jersey inheritance tax is imposed on the inheritors of New Jersey real or tangible property, by whomever owned, and on inheritors of all property—tangible or ...