Audit & Accounting

The Financial Accounting Standards Board released another chapter of its conceptual framework related to the recognition and derecognition of an item in financial statements.

Whitman Transition Advisors made a strategic investment of an undisclosed amount in Tax Titans, a veteran-owned company that operates an online marketplace connecting small businesses and qualified tax professionals.

Annual pay climbed 5.9%, payroll processor ADP reported.

These are the first sanctions ever against a firm over independence violations because it's a member of an alliance where another firm did work for the same client.

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.