Audit & Accounting

The federal government is collecting billions of dollars less than it could because of resource shortages at the tax agency, according to a new study.

The Governmental Accounting Standards Board has released questions and answers about the recent standard on accounting and financial reporting for leases by state and local governments.

The board wants to give private companies, nonprofits, and certain small public companies extra time to implement new standards on CECL, leases and hedging.

General Electric shares plunged after a prominent whistle-blower working with a short-seller accused the company of masking financial problems.

The institute's “2019 Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits" also found high collegiate accounting enrollment numbers, as well as boosts in diverse accounting graduates.

The U.K. retailer plunged after its audit quit without a replacement, heightening corporate governance concerns.

Firms are helping their clients keep track of Bitcoin and Ethereum assets and transactions, as well as the tax consequences, according to a new report.

The Association of International Certified Professional Accountants and the Management Accounting Section of the American Accounting Association honored two professors for their contributions to management accounting research.

Ten issues taxpayers and their advisors should be paying attention to right now.

As Airbnb and the like become more popular, understanding occupancy taxes is becoming a much bigger issue.