Rapid-Fire CPA Exam & Accounting News for Busy CPA Candidates Rapid-Fire CPA Exam & Accounting News for Busy CPA Candidates A recent study from Brigham Young University has revealed that ChatGPT, an AI chatbot, failed to perform well in an accounting class, despite previously acing numerous academic challenges. The study involved 327 co-authors from 186
The National Association of State Boards of Accountancy (NASBA) has increased the length of conditional credit for the Uniform CPA Examination from 18 months to 30 months, based on the date that scores are released, to provide more flexibility for candidates seeking licensure as a CPA. The revised rule also seeks to provide uniformity among
Rapid-Fire Accounting News for Busy CPA Candidates See More: Accounting News 1: Key 2024 CPA Exam Dates Announced NASBA: “As we get closer to 2024, new information is being made available to help candidates plan their testing schedules in 2023 and into 2024.” 2: 2023 Tax Brackets Are Out & Why Rates Are So High
Rapid-Fire Accounting News for Busy CPA Candidates See More: Accounting News 1. U.S. Business Executives Project Zero Profit Growth for Coming Year AICPA: “Driven by Inflation Concerns, U.S. Business Executives Project Zero Profit Growth for Coming Year, AICPA & CIMA Survey FindsYou won’t pay federal income taxes on canceled student loan debt through 2025, but
Rapid-Fire Accounting News for Busy CPA Candidates See More: Accounting News 1. Some States Could Tax Student Loan Forgiveness Kiplinger: “You won’t pay federal income taxes on canceled student loan debt through 2025, but there are some states that could potentially tax your student loan forgiveness.” 2. AICPA recommends changing cryptoasset question on Form 1040
Rapid-Fire Accounting News for Busy CPA Candidates See More: Accounting News 1. Batgirl Cancellation: Sunk Costs, Tax Writeoff Implications, and Brand Protection FEE: “Why cancel a movie that you’ve already spent $90 million on? After spending so much, why not try to make back that money? Without realizing it, many who argued the movie should
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