ISM Manufacturing Index The latest ISM data point confirms a slowdown in the manufacturing sector. While GDP grew by 2.1% in the third quarter, manufacturing…
In Case You Missed It
A Look Back at 2019
Tax professionals faced many challenges in 2019. The federal government shutdown delayed IRS processing, and 2019 saw most of the sweeping changes introduced by the…
For 89 years, The CPA Journal has earned the respect of CPAs and other financial professionals for its in-depth analysis of current issues. We do not do…
The State of the Profession
Analyzing the Results of the 2019 Practice Management Survey
In Brief The fifth annual NYSSCPA–Rosenberg Survey identifies trends from the national 21st Annual Practice Management Survey and provides a comparative qualitative analysis to participating…
State of the Profession 2019 Roundtable
Views on the Rosenberg Practice Management Survey
In Brief In order to better decipher the results of the annual Rosenberg Practice Management Survey and provide a wider picture of the state of…
Sustainability is an increasingly important topic for the accounting profession. Recently, the editors interviewed Jeffrey Hales, the Catherine W. and Edwin A. Wahlen, Jr., Professor…
Non-farm Payroll The U.S. labor market has remained tight. There are more jobs available than applicants; in particular, skilled labor positions remain unfilled in some…
The State of the Profession
Opinions from the Experts
What kind of year was 2017? What were the major trends you observed? What were the issues you saw firms struggling with the most? Marc…
Treasury Yield Curve The yield curve has inverted; that is, short-term interest rates are now higher than longer-term rates. This phenomenon can indicate the potential…
The winners of the 2018 Max Block Distinguished Article Awards were honored during The CPA Journal Editorial Review Board meeting on August 5, 2019. This award…
ISM Manufacturing Index The manufacturing sector is slowing, especially the export sectors. According to the ISM survey of purchasing managers, there is concern over the…
Monitoring Risk in Financial Reporting
Regulators Look Closer at Cybersecurity, Sustainability, and Governance
The 18th Annual Financial Reporting Conference, hosted by Baruch College this past May 2, once again brought together regulators, standards setters, preparers, auditors, and users…
Quarterly Real U.S. GDP Growth Estimates for 2019 gross domestic product are coming down; while the first quarter ended with a 3.1% growth rate, evidence…
ISM Manufacturing Index There are further signs of a slowing economy in 2019. The Institute for Supply Management (ISM) Manufacturing Index, while still above 50%,…
Recently, The CPA Journal interviewed Joseph DioGuardi, the first practicing CPA elected to Congress, representing New York's 20th Congressional district from 1985 to 1989. DioGuardi is currently…
Recently, The CPA Journal interviewed Joseph DioGuardi, the first practicing CPA elected to Congress, representing New York’s 20th Congressional district from 1985 to 1989. DioGuardi…
Internal auditors are tasked with bringing objectivity to the assurance functions they perform within an enterprise. They are also increasingly called upon to provide a…
Internal Auditing: Trends and Challenges
An Interview with Mark Martinelli
Internal auditors are tasked with bringing objectivity to the assurance functions they perform within an enterprise. They are also increasingly called upon to provide a…
Quarterly Real U.S. GDP Growth First quarter Gross Domestic Product, released on April 26, rose 3.2% versus estimates that averaged approximately 2.5%. The higher-than-expected increase…
Given the recent spate of financial and accounting scandals, greater attention has been placed on the importance of strong ethical behavior on the part of…
How the New Ethics Code Will Affect Your Standards
An Interview with Stavros Thomadakis, IESBA Chair
Given the recent spate of financial and accounting scandals, greater attention has been placed on the importance of strong ethical behavior on the part of…
U.S. Wages and Salaries Growth Wages grew by 4.16% during January 2019 versus the same period in 2018. According to Trading Economics, this is below the long-term…
ISM Manufacturing PMI The most recent ISM Manufacturing Index increased 2.3% from December 2018, indicating expanding business strength fostered by stronger demand and output. The…
Integrated reporting is gaining acceptance around the world as a way for businesses to provide investors and other stake-holders with a more holistic approach to…
Integrated reporting is gaining acceptance around the world as a way for businesses to provide investors and other stake-holders with a more holistic approach to…
Real Wages—All Employees After many years of stagnant real wage growth (adjusted for inflation), the U.S. labor market saw improvement in wages paid. This was…
Audit Implications of the New Revenue Reporting Standard
A Panel Discussion
About the Panelists The panel featured Meredith Canaday, CPA, partner in the department of professional practice at KPMG; Sheri Fabian, technical partner in the national…
New Litigation and Regulatory Risks
A Panel Discussion
About the Panelists The panel featured Mark A. Adler, JD, acting director and chief trial counsel in the division of enforcement and investigations at the…
Ethical Issues
A Panel Discussion
About the Panelists The panel featured Catherine Allen, CPA, ethics consultant and also a founder of Audit Conduct; Brian Lynch, CPA, risk management and independence…
About the Panelists The panel featured Brian Croteau, CPA, partner at PricewaterhouseCoopers; Kyle Owens, CPA, professional practice standards senior manager at Crowe LLP; and Phil…