Audit & Accounting

The American Institute CPAs, the National Association of State Boards of Accountancy and state CPA societies voiced their objections to a government proposal.

The Financial Accounting Standards Board issued a new accounting standards update aimed at improving its existing hedge accounting guidance.

Another downgrade by Moody's hit the manufacturer of mini motors' stock price.

Empire State Gov. Kathy Hochul signed a bill into law that will create an additional pathway to CPA licensure — the latest state to pass changes to licensure requirements.

Staff have begun working through the backlog of correspondence and messages, and are expected to begin reaching out to tax pros and taxpayers soon.

Plus, Schellman becomes the first U.S.-based body for MTCS certification; Intuit launches partnerships with Cherry Bekaert, Rehmann; and other accounting tech news.

The deadline for public comment on proposed changes to continuing professional education standards is fast approaching.

The American Institute of CPAs is urging the IRS not to merge its Office of Professional Responsibility with its Return Preparer Office to avoid confusion.

The 2016 standard on leases met its objective of providing investors with useful information, but the costs of implementing and maintaining it were high.

Boomer Consulting and Miles Masterclass are teaming up to provide on-demand training on artificial intelligence to Boomer firms at a discounted rate.