Audit & Accounting

Accounting firms are less important than the partner leading the team in terms of the impact on the business's effective tax rate and the probability it will face an audit.

The rate of growth for hiring and hourly earnings stabilized this month, according to Paychex.

While companies are working in overdrive to fill accounting positions, they are finding themselves up against a confluence of factors.

Even without formal standards, professionals are still finding ways to examine and test AI.

Corporations relying on carbon credits to support their green claims now face "robust and credible" proof that the vast majority of such securities aren't fit for purpose.

In an era where technological advancements redefine our day-to-day activities, artificial intelligence and machine learning have emerged as transformative forces in various sectors.

At the Illinois CPA Society's annual summit, a deep dive into how the profession needs to revamp and revitalize its appeal to potential accountants.

Hedge funds and private equity firms will have to disclose more about their fees and face new restrictions from the Securities and Exchange Commission on giving investors special treatment.

The Securities and Exchange Commission adopted new rules and amendments aimed at tightening the regulation of private fund advisors.

The board finalized a new standard aimed at providing more useful information on a venture's financial statements and curbing differences in reporting practice.