Audit & Accounting

IRS errors; hiring your kids; investment fund audits; and other highlights from our favorite tax bloggers.

"If we don't diversify, we're not going to have enough CPAs," said INCPAS president and CEO Courtney Kincaid.

The Audit Reform Lab published a report analyzing Britain's audit industry after high-profile corporate collapses and criticism.

While being a camp counselor is a rite of passage for many college students, it's not an obvious prerequisite for a career in audit. But it should be!

These investment vehicles present obstacles that require a deep understanding of the real estate industry and robust financial expertise.

The Illinois CPA Society's "Re-Decoding the Decline" report shows that time is the top barrier to CPA licensure, not the 150 credit-hour rule.

The American Institute of CPAs' Auditing Standards Board voted to approve a set of revisions to the rules for attestation engagements to align them with the AICPA's quality management standards.

A KPMG survey found 72% of companies are using AI in their financial reporting process to some extent, and executives expect auditors will start examining controls around the technology.

SMBs and their financial advisors have deep concerns about the impact of bribery and corruption, according to a new survey.

The National Pipeline Advisory Group identified six recommendations based on survey data to a address accounting's talent shortage, including rethinking CPA licensure requirements.