Audit & Accounting

The fiscal year-end brings a cycle of intense workloads that can extend into the new year, as accountants and auditors work to close the books.

The latest data on the growth of the IRS's Direct File program, how many corporate tax pros believe generative AI is beneficial in accounting, and other key metrics.

John Auchincloss will retire in September 2025 from the FAF. The search for his successor will begin immediately.

The investigation determined that "the conclusions EY stated in its resignation letter were not supported by the facts examined in the review."

Stanley Goldstein recalls the choice of Melancon as the youngest-ever head of the American Institute of CPAs.

On the eve of his retirement, AICPA chief Barry Melancon looks back at how the institute — and the accounting profession — have changed over the past 30 years.

The retailer said the incident involved only one former employee, who had hidden as much as $154 million of delivery expenses since 2021.

The IRS Advisory Council's annual report covered 37 different areas of concern and recommendations.

The Public Company Accounting Oversight Board introduced two pieces of guidance to help auditing firms apply its new quality control standard.

The ASU clarifies how the existing guidance would apply to settlements of convertible debt instruments with cash conversion and other features.