Audit & Accounting

Many CPA partners and owners would like to see their firms remain independent and become a potential home for others.

The Financial Accounting Standards Board has released a proposed accounting standards update to reduce the cost and complexity of accounting for income taxes.

The Institute wants to postpone the effective date of its new leases standard for one year, citing an overload for financial statement preparers.

The Illinois CPA Society held its annual Women's Leadership Forum in Chicago, honoring two experienced and two emerging female professionals in the state.

Robotic process automation is playing a larger role at companies, including in the accounting and finance area, but many executives feel more needs to be done, according to a new report.

Delivering an unforgettable experience is what will separate your firm from the pack.

Is quarterly reporting really valuable enough to investors to justify the time and cost spent to compile the reports?

The American Institute of CPAs has submitted a set of recommendations to the Internal Revenue Service about accounting method changes.

With more than three-quarters of public companies already past the effective date, the spotlight is now on private companies.

The Securities and Exchange Commission is proposing to limit the requirements under the Sarbanes-Oxley Act for audits of internal controls over financial reporting, making them apply to only the largest public companies.