Audit & Accounting

A new bill could tighten government auditing rules in Montana, including adding penalties for state employees who do not comply with audits.

Audit committees saw plenty of new proposals last year that could turn into final rules in 2023.

The unemployment rate ticked downward by two-tenths of a point to 3.5%, but employment in accounting and bookkeeping services fell slightly.

Annual pay rose 7.3% year-over-year, ADP reported, although larger companies actually subtracted jobs.

The Internal Revenue Service audited fewer taxpayers last year, according to a new report, although audits of millionaires ticked up slightly.

Meanwhile, Illinois ushered in its own changes to the exam process, letting candidates sit the test before completing their 150 hours of education.

What can the profession do to attract and retain talent, and encourage broader adoption by younger generations?

While there are pension accounting standards, they allow plans to make more aggressive assumptions about how well they're funded than in the private sector.

Hourly earnings growth slowed last month to its weakest level since March of last year.

Modern businesses are looking for more holistic relationships with accountants who can offer increased support.