The Securities and Exchange Commission will force companies to disclose their greenhouse gas emissions for the first time, but watered down a key requirement after heavy lobbying from industry groups. After receiving thousands of comment letters and numerous litigation threats, the SEC is set to impose climate-disclosure requirements that will
The Securities and Exchange Commission will force companies to disclose their greenhouse gas emissions for the first time, but watered down a key requirement after heavy lobbying from industry groups. After receiving thousands of comment letters and numerous litigation threats, the SEC is set to impose climate-disclosure requirements that will
Advances in technology have enabled businesses of all sizes to become more competitive in their processes. Cloud computing and automation in particular have transformed the way financial teams manage their day-to-day operations, and savvy accounting practitioners are slowly shifting away from the report-to-record (R2R) model and into continuous accounting. Continuous
Advances in technology have enabled businesses of all sizes to become more competitive in their processes. Cloud computing and automation in particular have transformed the way financial teams manage their day-to-day operations, and savvy accounting practitioners are slowly shifting away from the report-to-record (R2R) model and into continuous accounting. Continuous
Opinions expressed by Entrepreneur contributors are their own. Here’s an example: Alex owns a custom framing store with low prices — just above cost — to attract customers. Volume helped keep the cash coming in. One wall of the shop was devoted to artist’s paintings, for which Alex received a
The 150-hour rule for obtaining a CPA license is getting blamed in many quarters lately for the shortage of accountants, but another culprit may be the proliferation of complicated accounting standards, according to a recent academic study. The study, released last December, examined the role that accounting rules from the
The 150-hour requirement for obtaining a CPA license has led to a decline in Black and Latino CPAs of up to 26%, according to a research study. The study, released last month, also found a 13% greater entry decline following the requirement’s enactment for minority than nonminority CPA candidates by
The Treasury Department’s Financial Crimes Enforcement Network hopes to deter money laundering in the residential real estate industry with a newly proposed rule. On Wednesday, FinCEN issued a Notice of Proposed Rulemaking that would require some professionals engaged in real estate closings and settlements to report information to FinCEN about
The Illinois CPA Society and its affiliated CPA Endowment Fund of Illinois have begun accepting scholarship applications for the 2024-2025 academic year. They will be giving out over 40 scholarships ranging from $1,000 to $4,000 each to accounting students attending Illinois-based colleges and universities. To be eligible, applicants have to
Opinions expressed by Entrepreneur contributors are their own. The question is: Which industry is poised to meet the demand for this generational workforce that longs not only for financial freedom but also for that coveted location-freedom as well? The answer might surprise you. Across the country, the surge in demand