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AICPA Provides Comments on Interim Guidance Regarding Application of Corporate Alternative Minimum Tax

(CPA Practice Advisor) - The American Institute of CPAs (AICPA) submitted comments and recommendations which identify and provide additional information regarding CAMT guidance


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Improve Audit Sampling Efficiency with Excel’s Solver Tool 
(JofA) - Artificial intelligence capability can significantly reduce the time and effort auditors devote to sampling estimation tasks.

Microsoft 365 vs. Office 2021: What’s the Difference?  
(How-to-Geek) - There are two ways you can buy Microsoft Office: You can buy a Microsoft 365 software subscription or buy Office 2021 for Windows or Mac. (Microsoft 365 was formerly known as “Office 365.”) Here’s the difference….

Adapting to Constant Change 
(The CPA Journal) - My first job out of college in 1992 was as an auditor for Arthur Andersen & Co. in their Baltimore office. Like so many other accounting students (then and now), I was advised by my college professors that I start my career as an external auditor.

Jobless Claims Edge Up to 198,000, Higher Than Expected  
(CNBC) - Though the number was slightly higher than expectations, the total indicates that companies are slow to lay off workers despite expectations that the unemployment rate will rise through the year.

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