PCAOB Staff Spotlight provides window into PCAOB inspections activities following 2023 bank failures, includes survey responses showing how dozens of U.S. firms responded to disruptions in the banking industry. A new Spotlight…
The Rationale Behind Audit Firms Cutting Back on Public Company Audit Clients: A Strategic Shift
In recent years, audit firms have begun scaling back on the number of public companies they serve. This trend might seem counterintuitive at first glance, given the significant prestige and revenue associated…
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in December 2019, introduced a wide range of reforms aimed at improving access to retirement savings and updating outdated policies.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…
Guardians of Data: Should the Government Ensure the Security of Your Personal Information?
In 2024, the digital landscape has seen an alarming surge in data breaches, impacting billions of people worldwide. The frequency and scale of these incidents raise critical questions about the role of…
Why Social Security Is Not Going Broke: Understanding the Realities
Social Security is one of the most critical safety nets in the United States, providing financial support to millions of retirees, disabled individuals, and their families. However, discussions about its future often…
What to Do When Your Social Security Number Is Found on the Dark Web
Discovering that your Social Security number (SSN) has been exposed on the dark web can be alarming. This sensitive information, once in the wrong hands, can be used for identity theft, financial…
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…
Top 2-Year Degrees and Technical Programs for a High-Paying Career & Work-Life Balance
As the cost of a traditional four-year college continues to rise, college-bound students are rethinking their options. The good news? You don’t need a four-year degree to land a well-paying job. In…