Bloomberg News

One AI startup executive calls annual recurring revenue "a fake accounting number developed by fake accounting people."

The Bitcoin accumulator adopted accounting standards last year that require changes in the fair value of its holdings to flow through earnings.

The Internal Revenue Service said that the funds should have annual fees and expenses of no more than 0.1%.

Canada's top securities regulator alleged that KPMG failed to properly value the loans held within funds, harming investors.

Residents exiting Massachusetts took a net of $4.2 billion in adjusted gross income with them in 2023, one of the largest totals in the country.

Residents of Montclair, New Jersey, voted in favor of a one-time tax increase to help their cash-strapped public school system address an $18 million deficit.

The acting head of the Securities and Exchange Commission's enforcement division said he'll focus on "quality over quantity" in bringing cases.

Americans' tax refunds are averaging about $350 higher than this time last year but so far running well below the extra $1,000 President Donald Trump promised.

The case may reveal how far auditors can be held accountable for their work on insolvent companies accused of fraudulent accounting.

It's unclear whether the commission plans to move auditor enforcement out of the PCAOB and into the SEC.

PricewaterhouseCoopers network affiliates in Mauritius, Kenya and Rwanda can't provide professional services for projects financed by the institution for 21 months.

Law firms and reporting accountants would join sponsors in the public spotlight if a filing fails to meet basic standards.

Washington state is set to approve a new tax on millionaires, a measure that would shift how the state raises money and set off a likely court fight.

Businesses buying ads on Meta's platforms will be charged an extra amount, corresponding to the digital tax rate in the country where they are showing the ad.

The members of the "Patriotic Millionaires," who include a Disney heiress, argue that rich residents can afford paying more into city coffers.

After saying for years that major accounting firms were unwilling to provide auditing services, Tether Holdings SA received a sign-off from Deloitte on the first-ever reserve report for its USAT stablecoin that was launched to comply with new U.S. regulations.

Third-party investigators saying they've uncovered at least 1,000 instances of improper accounting at the Japanese motor manufacturer.

The startup has raised $138 million to date and said its platform is used by about 30% of the top 25 accounting firms and 20% of the top 150 firms.

The Supreme Court's nixing of President Trump's "reciprocal" tariffs is throwing fresh confusion over the raft of trade deals negotiated by global partners.

The president's latest import taxes seem likely to lead to another legal challenge and more uncertainty for trading partners, companies, consumers and investors.