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Progress has not been as quick as predicted, but is expected to continue, according to IFAC and the Chartered Institute of Public Finance and Accountancy.

The Swiss bank settled the long-running tax evasion case in France for less than a fifth of the original fine.

AI can, in theory, make people more productive. But the results of a recent study show this is not guaranteed, as people report receiving low quality AI "workslop" outputs that paradoxically increase the amount of work.

The agency extended the four-year replacement period for livestock sold due to drought.

Congress did not simply extend the Tax Cuts and Jobs Act provisions starting in 2026 with the One Big Beautiful Bill Act; it also modified some of those provisions effective in 2025.

The National Association of State Boards of Accountancy relaunched CPAmobility.org to help CPAs determine where and how they can practice across state lines.

The new tax law won't completely eliminate the complicated tax incentives for food on the job, but experts suggest businesses may change up their menus.

Experts at a recent conference laid out the pressures on accountants — and why firms can't afford to be passive about them.

Founded by ex-partners from Arthur Andersen, the firm expects to trade on the New York Stock Exchange.

Audit teams rarely know when client data will arrive, how complete it will be and in what form it will show up.