The accounting industry is always evolving amid complex rules and regulations. These articles feature timely updates on a variety of accounting topics.

KPM Tax Update header link to blog.
Dealing With an IRS Audit

IRS data indicates that fewer than one percent of all individual income tax returns are audited each year. That is true, but some...

KPM tax deadline header link to blog.
April 18

Individuals: File a 2016 income tax return. If you want an automatic six-month extension of time to file the return, file IRS Form...

KPM A&A Update link to blog.
Three Financial Statements You Should Know

Successful business people have a solid understanding of the three financial statements prepared under U.S. Generally Accepted Accounting Principles (GAAP). A complete set...

KPM A&A Update link to blog.
How Auditors Evaluate Fraud Risks

Assessing fraud risks is an integral part of the auditing process. The Statement on Auditing Standards (SAS) No. 99, Consideration of Fraud in...

KPM Did you know? header link to blog.

The average published cost for tuition, fees, room, and board at private non-profit colleges and universities is $45,570 in the 2016-17 academic year....