Audit & Accounting

Love it or hate it, beneficial ownership information reporting is on the shelf for most small businesses — for now, at least.

The Treasury announced it would no longer enforce the Corporate Transparency Act, nor enforce any penalties or fines associated with beneficial ownership reporting.

A small Pennsylvania auditor picked up a big tranche of engagements from another auditor that exited the field.

KPMG Law U.S., based in Arizona, will deliver legal services powered by artificial intelligence and KPMG Digital Gateway.

It's time for the profession to rediscover its capacity for creative problem-solving and innovation.

The Public Company Accounting Oversight Board posted a new "knowledge check" to help auditors gauge their understanding of AS 2310.

The update aims to balance the needs of users of small and midsized entities' financial statements with resources available to SMEs. 

What makes a great accounting firm great needs to be its focus.

Helping business owners understand the flood of accounting and financial data they face is a major opportunity for accountants.

The Governmental Accounting Standards Board published a post-implementation review report on GASB Statement No. 72, Fair Value Measurement and Application.