The Social Security Fairness Act has been signed into law, bringing important changes to millions of retired public workers across the country. If you’ve worked in a government job or rely on…
Category: Finance
Unlocking Lost Retirement Benefits: The Secure 2.0 Act’s Upcoming Database Initiative
Have you ever wondered what happens to your old retirement accounts when you switch jobs? If you’ve lost track of a 401(k) or another retirement plan, you’re not alone. Job changes, mergers,…
Good Practices and Other Observations Related to Auditor Independence Highlighted in New PCAOB Staff Report
The PCAOB released a new staff Spotlight publication titled “Inspection Observations Related to Auditor Independence.” Auditor independence is foundational to building investor confidence and fostering trust in the capital markets. Public companies…
How the SECURE Act Changed the Rules for Inherited Retirement Account Distributions After 2019
The Setting Every Community Up for Retirement Enhancement (SECURE) Act, passed in December 2019, introduced a wide range of reforms aimed at improving access to retirement savings and updating outdated policies. One…
How ChatGPT Can Transform Accounting: A New Era of Efficiency and Insight
The world of accounting is evolving rapidly, driven by advancements in technology that streamline processes and enhance decision-making. One tool that has the potential to significantly transform the accounting industry is ChatGPT….
Cautious Corporate Optimism in the Coming Months: A Balancing Act of Recovery and Risk
As the global economy navigates a complex landscape in the latter half of 2024, corporations are embracing a sense of cautious optimism. While challenges such as inflation, geopolitical tensions, and labor market…
A Guide for Teachers: Saving and Investing for K-12 Educators
As educators, saving and investing may feel like the least of your concerns. But knowing how to secure your financial well-being is one of the most important things you’ll ever need in…
What is AI’s impact on the accounting profession?
The Transformative Impact of AI on the Accounting Profession Artificial Intelligence (AI) is revolutionizing various industries, and the accounting profession is no exception. The integration of AI into accounting processes is not…
Microsoft’s Copilot: Transforming Productivity with AI Integration
In the nascent stages of the generative artificial intelligence (GenAI) era, accessing innovative services like ChatGPT often required users to navigate specific websites or dedicated mobile applications. However, a paradigm shift is…
The Potential of Big Data in Detecting Financial Fraud
In the ever-evolving landscape of finance, where transactions occur at lightning speed and volumes are staggering, the battle against financial fraud has become increasingly complex. Traditional methods of fraud detection are often…