In Rev. Proc. 2024-23, the IRS on Tuesday provided a comprehensive, updated list of changes in tax accounting methods to which the automatic change procedures in Rev. Proc. 2015-13, as subsequently ...

The IRS allows you to calculate your tax bill using one of two tax accounting methods. The more common of the two methods for individual taxpayers is the cash method. However, most businesses prepare ...

Some accounting instructors focus on preparing students to pass exams — classroom tests as well as professional evaluations such as the CPA or CGMA exams. Although these are important milestones in a ...

Accounting is the compilation of financial information for various purposes, such as managing a corporate budget, making informed decisions with regard to business operations and predicting future ...

What is Becker’s CPA Pass Rate? Becker CPA is renowned not only for its comprehensive CPA prep courses but also for its exceptional pass rate of 94%. This impressive statistic reflects the high ...

This article is contributed by Dr. Bill Kerler, Forvis Mazars Faculty Fellow, MSA Director, and Professor of Accounting within the Cameron School of Business, UNCW. Beginning January 1, 2026, North ...

Accounting methods refer to the basic rules and guidelines under which businesses keep their financial records and prepare their financial reports. There are two main accounting methods used for ...