Audit & Accounting

The Taskforce on Nature-related Financial Disclosures and Accounting for Sustainability partnered on a new guide to nature-related impacts for finance chiefs.

Ever since the AICPA released new quality management standards, firms have raced to implement them. But like a fitness tracker, the system itself is not the transformation.

U.S. officials are continuing with an agreement that bars the government from probing past tax filings from President Donald Trump and his businesses.

Vertilocity, an arm of Top 50 Firm Hill, Barth & King, acquired Toledo, Ohio-based technology firm Computol, effective June 1.

AI is changing accounting, but removing humans from the loop is the fastest way to destroy the profession.

The Trump administration created the fund as part of a settlement resolving the president's lawsuit against the IRS over the 2019 leak of his tax information.

The state CPA societies of Maine, Massachusetts, New Hampshire, Rhode Island and Vermont merged to form the New England Society of CPAs.

"Will AI automate bookkeeping?" is now settled. Yes, it will. In many firms, it already has. And for the firms that haven't adopted it yet, their clients are starting to. The more useful question is what happens after.

Accountants don't have to wait for a major catastrophe to act on governance and oversight of AI as the systems become more enmeshed in workflows and decisions.

The Securities and Exchange Commission wants to formally kill rules that would have required public companies to report greenhouse gas emissions and risks.