News

New Jersey Provides Guidance on CBT Changes
 

New Jersey Provides Guidance on CBT Changes

Posted: December 11, 2018
The New Jersey Division of Taxation has issued a technical bulletin summarizing the major changes to the New Jersey Corporation Business Tax Act. The changes are effective for tax years beginning on or after Jan. 1, 2017.


FASB Issues Narrow-Scope Improvements to Accounting for Lessors
 

FASB Issues Narrow-Scope Improvements to Accounting for Lessors

Posted: December 10, 2018
The Financial Accounting Standards Board has issued an Accounting Standards Update expected to reduce lessor’s implementation and ongoing costs associated with applying the new leases standard. The ASU also clarifies a specific lessor accounting requirement.





Working Group Considers Changes to CPA Licensing Requirements
 

Working Group Considers Changes to CPA Licensing Requirements

Posted: November 29, 2018
Leaders of the CPA profession, the regulatory community and representatives from critical stakeholder groups are joining together to explore possible changes to the CPA licensure model that embrace the need for expanded skillsets of professionals.