Anthony Sarmiento

2 months ago | cpajournal.com | Anthony Sarmiento

September-December 2024, Featured, Education | While taxes may not be the first thing on an international student’s mind when planning to study in the United States, the tax consequences for these students can sometimes be significant. This article discusses one such tax issue that students, employers, and universities should be familiar with to avoid problems with respect to both income and employment taxes.

Dec 20, 2024 | cpajournal.com | Anthony Sarmiento

July/August 2024, Featured, News & Views, Sustainability | On March 6, 2024, the SEC issued its long-awaited rule aimed at standardized climate-related disclosure for U.S. regis-trants (https://www.sec.gov/newsroom/press-releases/2024-31). One element of this rule would require companies to disclose information on greenhouse gas (GHG) emissions.

Jul 28, 2024 | cpajournal.com | Anthony Sarmiento

May/June 2024, Feature Articles, Accounting & Auditing, Financial Reporting | The day began with a discussion between FASB Chair Richard Jones and SEC Chief Accountant Paul Munter, moderated by Baruch Professor Norman Strauss, that covered current topics in standards setting and stakeholder outreach. This was followed by a panel discussion of current concerns and priorities at the SEC and hot topics at FASB.

Jan 3, 2024 | cpajournal.com | Anthony Sarmiento

September/October 2023, Columns | U.S. economic growth has been hovering around 2% for the past four quarters. As the effects of higher interest rates weigh on businesses and consumers, the likelihood of inflation rises. The recent UAW wage demands (36% over four years) illustrate the nature of this vicious cycle: Higher wages mean higher expenses, leading to higher prices and more wage demands.

Aug 14, 2023 | cpajournal.com | Anthony Sarmiento

May/June 2023, Featured, ICYMI, Feature Articles, Accounting & Auditing | Paul Munter was named chief accountant in the Office of the Chief Accountant (OCA) at the SEC in January; he had been serving as the acting chief accountant since 2021. He earned his PhD in accounting from the University of Colorado. Richard Jones is the chair of FASB; he began his term as its eighth chair in July 2020.