Audit & Accounting

The Financial Accounting Standards Board voted to adopt its eagerly awaited standard for cryptocurrency like bitcoin held by companies.

The IRS is starting to get more interested in who prepared a claim for the Employee Retention Credit.

The service's LB&I Division has expertise in training agents on examining high-income taxpayers, but the IRS doesn't appear to be leveraging this expertise.

The trend toward digitization of government data has been affirmed as a priority by the passage of recent legislation.

As an auditing professional, it's vital that you detect any discrepancies in business tax reports and either try to rectify them or report them to the IRS.

Miguel Gutierrez argues he had nothing to do with the attempt to manipulate the retailer's financial accounts that led to a massive accounting scandal.

Pav Gill is setting up Confide, catering to companies that want to boost their corporate governance.

The Institute of Management Accountants and the Educational Foundation for Women in Accounting announced their annual scholarship recipients.

A group of financial industry trade associations sued over the rule, which would require more disclosures of fees and expenses, and annual audited financial statements.

The institute's Auditing Standards Board issued an exposure draft for some proposed changes in the attestation standards for quality management and is asking for comments.