Audit & Accounting

The Financial Accounting Standards Board published a rule in 2023 requiring companies that hold crypto to report their tokens at fair value.

Big Four firm KPMG announced that it has built several new AI agents into its global smart audit platform Clara, with plans to develop more in the future.

As the odds of a downturn climb, one expert warns that it may result in the uncovering of so-far undetected fraud schemes.

Utah Valley University and Intuit are piloting a hands-on education program to attract students to pursue accounting careers.

Grant Thornton Advisors is merging together more international firms in its network, adding firms in the United Arab Emirates, Luxembourg and the Cayman Islands.

The U.S. Department of Education plans to resume collecting defaulted student loans on May 5 after a years-long pause that began with the pandemic.

Paul Atkins was sworn in as the new chair of the Securities and Exchange Commission and is expected to bring a more deregulatory and crypto-friendly approach.

The Public Company Accounting Oversight Board sanctioned Adeptus Partners and its partner Howard Krant for violations related to supervision, review and quality control.

Some Americans are changing their financial behaviors and delaying purchases based on their feelings about their financial situation, according to a survey by the AICPA.

How will artificial intelligence and private equity shape the work of young accountants?