The FASB has issued an update to the definition of key elements in the Concept Statements. The definitions of an asset, liability, revenue and expenses have all received an update. This blog will discuss what's changing and how the concept statements interact with the writing of ASUs.

Achieving success in the coming year will again take focus, flexibility, and creative solutions to both known and unknown challenges. The WSCPA is here to help you every step of the way

“Diversity, equity, and inclusion” can sound vague and jargony if you don’t know how it translates into everyday action. Read on for 10 things you can do today to create a more inclusive work environment.

CPAs continue to be at high risk of social engineering attempts due to the type of information firms gather and store, and CAMICO has observed an uptick in the frequency of these attempts, along with fraudulent email requests for wire transfers. Here are practical tips and best practices for avoiding these scams.

When your CPA license is up for renewal, you must enter your completed CPE into the CPE Tracker when you renew. This step is now mandatory for license renewals.