Audit & Accounting

The rule on classifying workers as either employees or independent contractors reverses a change from the Trump administration.

The Institute of Internal Auditors' newly updated set of Global Internal Audit Standards takes effect in January 2025.

Accounting firms have untapped potential in their existing client base that can help them reach their growth KPIs.

Perceived deficiencies in oversight posed a risk that licenses could be granted to applicants lacking financial stability or cybersecurity standards, an audit team wrote.

From estate, gift and trust work to Social Security maximization and charitable planning, there are a host of offerings firms can work on once the tax return is finished.

A survey of Hoosier accounting and business students found some encouraging news.

Practitioners have always shared advice as part of tax prep, but the future of the field is in proactive, intentional tax advisory services.

The International Auditing and Assurance Standards Board is planning to make some minor adjustments in its quality management and global audit standards to align them more closely with international ethics rules for accountants.

The Governmental Accounting Standards Board released guidance requiring state and local governments to disclose information about certain risks.

The Association of Certified Fraud Examiners has joined a collective effort of organizations including the Center for Audit Quality, Financial Executives International, the Institute of Internal Auditors and the National Association of Corporate Directors.