Audit & Accounting

Mike Lyons blamed a raft of operational shortcomings for the earnings disappointment that triggered a record rout in the payments giant's stock last month.

The Financial Accounting Standards Board aims to improve the accounting for purchased loans as it confronts a potential threat from House Republicans.

A new report finds internal audit professionals adjusting to flat and shrinking budgets and the encroachments of artificial intelligence.

The acting chair of the Public Company Accounting Oversight Board outlines his vision for defining audit quality, highlights private equity concerns, and calls for AI guardrails.

Aprio is uniting its Aprio Firm Alliance with the Professional Services+ Alliance it inherited from RSM US to create a combined Aprio Alliance.

The American Institute of CPAs and state societies want to introduce high school students to the accounting profession, as FASB and GASB target university graduates.

Accounting and bookkeeping solutions provider Digits announced the official launch of an AI Bank Reconciliations feature for its Agentic General Ledger solution.

The International Sustainability Standards Board plans to take on the activities of the Taskforce on Nature-related Financial Disclosures.

Plus, Forwardly announces AI bill pay system; Patriot Software introduces Auto Payroll; and other accounting technology news and updates.

CFOs must consider what falling rates might mean for their balance sheets, borrowing strategies and overall business positioning.