Thanks for reading CPA Practice Advisor!
Subscribe Already registered? Log In
Need more information? Read the FAQs
Tags: Accounting, Income Taxes
Subscribe Already registered? Log In
Need more information? Read the FAQs
Tags: Accounting, Income Taxes
Firm Management December 17, 2025
It was a banner year for those representing the blue and white of KPMG as the Big Four firm reached a record $39.8 billion in revenue for the 2025 fiscal year, up 5.1% in local currency terms and 5.4% in U.S. dollar terms from FY 2024.
Accounting Standards December 17, 2025
The new standard issued on Dec. 17 focuses on updating the FASB Accounting Standards Codification for a variety of topics, including technical corrections, unintended application of the Codification, clarifications, and other improvements.
Accounting Standards December 17, 2025
The Governmental Accounting Standards Board issued a new standard on Dec. 17 that is designed to improve the financial reporting requirements for subsequent events.
Taxes December 17, 2025
Recent tax legislation imposed by President Donald Trump and enacted by the One Big Beautiful Bill Act is at the heart of the increase, the White House said.