Audit & Accounting

The intersection of sports and accounting offers accounting professionals a unique and dynamic environment.

Bench Accounting, like many startups, aimed to shake up a boring but important corner of finance, in this case, bookkeeping for small businesses.

The Department of Government Efficiency says it has saved $55 billion in federal spending so far, but its website only accounts for $16.6 billion of that.

The order called for agencies including the SEC and the FTC to submit draft regulations for White House review before publication.

A federal district court in Texas has stayed an injunction that had prevented enforcement of the Corporate Transparency Act and its reporting requirement.

Virginia, Pennsylvania and Minnesota made headway in adding alternative pathways to CPA licensure.

Under the new administration, accountants can expect a lighter hand from the Public Company Accounting Oversight Board and other regulators.

Financial leaders are looking forward to the new opportunities that 2025 will bring, while keeping an eye on potential risks that may carry over from 2024.

The board has posted a series of "knowledge checks" to help auditors gauge their understanding of its new quality control standard.

The American Institute of CPAs and the National Association of State Boards of Accountancy proposed changes in the Uniform Accountancy Act model legislation.