A new language for CPAs?

For as long as most people can remember, U.S.-based GAAP (Generally Accepted Accounting Standards) has been the gold standard for financial reporting. But today, more than 100 countries require or allow the use of another benchmark: International Financial Reporting Standards, or IFRS, for the preparation of financial statements by publicly held...

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CPA’s no longer limited in service offerings

When three brothers recently inherited a New jersey-based business, one of them wanted to sell off his interest. The other two said they couldn't afford a buyout, promoting the dissident brother to accuse his siblings of blowing away their inheritance on frivolous spending.

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