When the trial balance is structurally sound, financial statements become credible inputs for capital allocation and risk assessment. When the structure is weak...

The PICPA reached out to members to gather real-world insights into the challenges facing auditors. Those conversations informed a comprehensive response to PCA...

Nonprofits spend a lot of time thinking about funding risks, but maybe not in the right places. Some organizations appear financially stable on paper, but sudde...

Private equity (PE) investment has become increasingly common among CPA firms. This could begin to cause problems among those offering audit and attest services...

PICPA’s advocacy regarding alternative practice structure rulemaking has helped protect CPA firms from policies that could have cost practitioners time and mone...

With federal and state funding being a key piece of revenue for many nonprofits and governmental units, uncertainty and its risk need to be accounted for. In fa...