Audit & Accounting

The confirmation followed a weeks-long saga over a controversial personal settlement Blanche authorized for Trump over leaks of his tax information years ago.

Just over half of accountants report being "highly satisfied" with their jobs, according to an ongoing survey — and perhaps just as important, the sources of dissatisfaction in the profession are becoming clearer and clearer.

Meanwhile, KPMG and Grant Thornton led in terms of new engagements among the largest audit firms.

Four potential obstacles to watch out for on the way to new clients and new services.

Crypto assets do not clearly meet the definitions of cash, financial instruments or inventory under GAAP, leaving preparers uncertain.

If the DOJ can revise immunity language in one of the highest-profile tax settlements in memory, then no closing agreement your client is holding is immune.

While the accounting profession has always been a great choice, it now has entered a particularly exciting period of revolutionary change largely driven by AI.

The specialized enforcement unit will pursue accounting and financial reporting fraud cases, as well as general misconduct in accounting and auditing.

The International Auditing and Assurance Standards Board proposed revisions to three of its International Standards on Auditing.

Investment companies may need to reassess valuation policies, disclosures and financial reporting timelines if the proposal is finalized.