Paige Hagy is a reporter at Accounting Today based in Brooklyn, New York. She was previously a breaking news reporter at Fortune Magazine. Prior, she worked at Business Insider covering financial technology. She graduated from The King's College, a classical liberal arts school in New York City, with a B.A. in journalism, a concentration in politics, and a minor in business.
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The proposed amendments would clarify guidance on hedge accounting and address issues that arose from the global reference rate reform initiative.
By Paige HagySeptember 25 -
The guide aims to help companies that are voluntarily applying ISSB standards and help them communicate their progress to investors.
By Paige HagySeptember 25 -
The sanctions against Accell, Crowe MacKay, EY Switzerland, Grant Thornton Canada and Halpern 7 Associates come following an ongoing enforcement sweep.
By Paige HagySeptember 24 -
The cuts include roughly 240 employees in RSM's consulting businesses, and come as demand for the profession's consulting services wanes.
By Paige HagySeptember 20 -
The SEC alleges Kubient's two former execs and former audit committee chair artificially inflated the company's revenue and lied to auditors.
By Paige HagySeptember 17 -
Auditor independence is an area of common deficiencies year after year, according to PCAOB inspections.
By Paige HagySeptember 17 -
Instead of completing 150 credit-hours, this pathway would allow candidates with a bachelor's degree to earn their CPA by demonstrating their professional and technical skills.
By Paige HagySeptember 13 -
Bloomberg Tax & Accounting projects that inflation-adjusted amounts in the Tax Code will increase 2.8% in 2025 — roughly half the increase in 2024 and down from 7.1% in 2023.
By Paige HagySeptember 11 -
The SEC approved the PCAOB's QC 1000, which will require firms to identify risks to their practice and design quality control systems that can safeguard against those risks.
By Paige HagySeptember 9 -
The accounting profession's labor shortage means relationships between firms and colleges have never been more crucial in recruiting new talent.
By Paige HagySeptember 6