In Brief The rising popularity of artificial intelligence (AI) has made many CPAs feel unsure about the ways in which their profession may be affected. There are already some tedious tasks that AI can help humans complete, such as summarizing longer documents for ease of reading. As AI technology improves, many professionals are looking for […] The post How Artificial Intelligence May Impact the Accounting Profession appeared first on The CPA Journal.| The CPA Journal
The U.S. Supreme Court’s landmark decision in South Dakota v. Wayfair, Inc. (138 S. Ct. 2080, 2018) overturned years of precedent that had precluded states from imposing sales taxes on sellers who derived sales from a state but had no physical presence there (e.g., payroll or property). Today, the impact of Wayfair has reached far beyond sales […] The post How Wayfair’s Economic Nexus Has Redefined Business Tax Obligations appeared first on The CPA Journal.| The CPA Journal
In Brief Of the many kinds of technologies that professionals have encountered in recent years, artificial intelligence (AI) presents perhaps the greatest challenge. CPAs that do not become comfortable with AI and integrate it into their toolkit risk falling behind the technology curve. This article aims to demystify the AI concept for accountants and provide […] The post Strategies for CPAs to Become Artificial Intelligence (AI) Savvy appeared first on The CPA Journal.| The CPA Journal
The accounting profession stands at an inflection point. We’re facing both a generational pipeline crisis and an accelerating wave of technological disruption. Emerging technologies—artificial intelligence (AI) in particular—has captured the profession’s attention, for good reason. While some headlines predict AI will render traditional accounting roles obsolete, the reality is far more nuanced, and far more […] The post Meeting the Moment appeared first on The CPA Journal.| The CPA Journal
In Brief The SEC’s new cybersecurity rules require public companies to promptly disclose cybersecurity incidents and detail their risk management strategies. These rules mandate reporting significant cyber incidents within four business days and providing updates on previously reported incidents. They also require disclosures about risk management processes, impacts on business strategy, and board oversight roles. […] The post The SEC Finalizes Rule on Cybersecurity Disclosures appeared f...| The CPA Journal
As early as 2006, the IRS has recognized that “foreign outsourcing is not prohibited by … final regulations, which permit disclosure of tax return information outside of the United States if the taxpayer consents to such disclosure” (Notice of Proposed Rulemaking, Reg-137243-02). In more recent years, a growing number of U.S. tax return preparers have […] The post Considerations for Tax Return Preparers Outsourcing Overseas appeared first on The CPA Journal.| The CPA Journal
In Brief While still in the early stages of its development, generative artificial intelligence (GenAI) shows promise in empowering professionals by| The CPA Journal
There has been growing pressure—from investors, from the Financial Stability Board (FSB), and from the International Organization of Securities Commissions (IOSCO)—for companies to disclose their greenhouse gas (GHG) emissions. Many stakeholders were awaiting the issuance of standardized climate disclosure rules from the U.S. Securities and Exchange Commission (SEC). In the meantime, California enacted the first […] The post California Provides a Welcoming Environment for the Evolution ...| The CPA Journal
The past few years have witnessed seismic shifts in how we relate to our machines—and, more provocatively, how our machines relate to us. While smartphones and smart homes have steadily normalized ambient intelligence in our daily lives, the emergence of brain–computer interfaces (BCIs) and spinal cord interfaces (SCIs) represents a leap across a profound frontier: direct, bidirectional communication between our nervous system and digital systems. Continue Reading Wired Minds and Spinal S...| IEEE Pulse
Behind the bold headlines, BCI is out changing lives today. Continue Reading Silicon Synapses: The Bold Frontier of Brain–Computer Integration The post Silicon Synapses: The Bold Frontier of Brain–Computer Integration appeared first on IEEE Pulse.| IEEE Pulse
People with chronic spinal cord injuries (SCIs) finally have some very good news. In December 2024, the U.S. Food and Drug Administration (FDA) issued de novo classification and authorization to the ARC-EX System, making it the first FDA-approved noninvasive spinal cord stimulation system for people with SCIs. Continue Reading FDA-Cleared Noninvasive Spine Stimulation System Could Transform Spinal Cord Injury Treatment The post FDA-Cleared Noninvasive Spine Stimulation System Could Transfor...| IEEE Pulse
As entrepreneur Bryan Johnson grew his payment processing platform Braintree into a financial behemoth, he was fighting a personal demon—severe depression. Continue Reading Cracking the Brain’s Black Box: The Rise of Real-Time Neuromonitoring The post Cracking the Brain’s Black Box: The Rise of Real-Time Neuromonitoring appeared first on IEEE Pulse.| IEEE Pulse
Mind-reading headphones that prevent burnout and boost focus may sound like science fiction. But according to Ramses Alcaide, the co-founder and CEO of Neurable, that’s exactly what his company’s MW75 Neuro headphones do. Continue Reading Why Consumer Neurofeedback Devices Are More Than Hype for Brain Health The post Why Consumer Neurofeedback Devices Are More Than Hype for Brain Health appeared first on IEEE Pulse.| IEEE Pulse
In the latest season of the hit series Black Mirror, characters use small wearable devices on their temples to activate immersive digital worlds for entertainment (usually to their detriment). Continue Reading From Headsets to Healing: The Rise of Wearable Brain Tech and Its Impact on Mental Illness and Cognitive Health The post From Headsets to Healing: The Rise of Wearable Brain Tech and Its Impact on Mental Illness and Cognitive Health appeared first on IEEE Pulse.| IEEE Pulse
Focused ultrasound (FUS) is emerging as a groundbreaking, neurosurgical technology that uses sound waves to treat targets deep in the brain. Continue Reading Breaking Barriers With Sound: Focused Ultrasound in the Brain The post Breaking Barriers With Sound: Focused Ultrasound in the Brain appeared first on IEEE Pulse.| IEEE Pulse
Setting up noninvasive therapies in neurorehabilitation is inevitably needed for the stroke patients and clinical environment in the 21st century’s neurological remedies. Continue Reading EEG-Based Brain–Computer Interfaces: Pioneering Frontier Research in the 21st Century The post EEG-Based Brain–Computer Interfaces: Pioneering Frontier Research in the 21st Century appeared first on IEEE Pulse.| IEEE Pulse
The idea that brain activity can inform, communicate with, and control an external device such as a computer, or a robot, would have seemed the realm of science fiction not too long ago. Continue Reading The Potential of Brain–Computer Interface Technologies in Low-and Middle-Income Countries Global Health Perspective The post The Potential of Brain–Computer Interface Technologies in Low-and Middle-Income Countries Global Health Perspective appeared first on IEEE Pulse.| IEEE Pulse