Audit & Accounting

The Trump administration created the fund as part of a settlement resolving the president's lawsuit against the IRS over the 2019 leak of his tax information.

The state CPA societies of Maine, Massachusetts, New Hampshire, Rhode Island and Vermont merged to form the New England Society of CPAs.

Accountants don't have to wait for a major catastrophe to act on governance and oversight of AI as the systems become more enmeshed in workflows and decisions.

"Will AI automate bookkeeping?" is now settled. Yes, it will. In many firms, it already has. And for the firms that haven't adopted it yet, their clients are starting to. The more useful question is what happens after.

The Securities and Exchange Commission wants to formally kill rules that would have required public companies to report greenhouse gas emissions and risks.

The Public Company Accounting Oversight Board is forming a new advisory body called the Inspections Modernization Council — and it is looking for experts to apply.

Most accountants came out of tax season measurably damaged, according to a new index.

CFOs are pushing aggressively to digitize finance, but finding talent shortages and skill deficits — not technology — are now the biggest barriers to progress.

A new ACCA survey finds that accountants and financial professionals are interested in engaging in environmental and social issues.

The International Accounting Standards Board issued a new standard for businesses subject to rate regulation, such as electricity, water and gas utilities.