Feds Say Silicon Valley Bank Deposits Safe, Create New Backstop
The Treasury Department, Federal Reserve and Federal Deposit Insurance Corp. jointly announced the efforts aimed at strengthening confidence in the banking system
SMB Accounting Advisor
Collapse of Silicon Valley Bank is Largest Since 2008
The move by California state regulators to take possession of the lender on Friday and appoint the Federal Deposit Insurance Corp. receiver caps a vicious fall for a Silicon Valley stalwart.
The Technology Lab Podcast – Randy and Brian Explore the Firm Tech at CES 2023
Technologists Randy Johnston and Brian Tankersley, CPA, CITP, CGMA, share a series of podcasts about the accounting and practice technologies they discovered at CES 2023.
Internal Audit Departments Focusing on Attracting Tech Talent
The survey found that 43% of chief audit executives (CAEs) and senior internal audit leaders report a lack of access to the talent they need.
The IIA Solicits Feedback on Proposed New Global Internal Audit Standards
Feedback from the public comment period will inform the continued development of the new Standards. The final Standards will be issued in late 2023 and take effect 12 months after release.
Changes in 2024 CPA Exam Put Technology Front and Center
There will be a new infrastructure, new discipline sections, and a greater emphasis on technology throughout.
Milestones for S Corporation Election
Although the most significant advantage is the limited liability protection it provides its shareholders, the S Corp election also avoids the double taxation incurred by C Corps.
AICPA & CIMA Partner with University of Oxford’s Saïd Business School Focuses
The program, expected to launch later this year, is meant for professionals in mid- to senior-level career roles, such as CFOs, board members and chief accounting officers.