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Internal auditors are taking on more responsibilities, leveraging generative AI for tasks such as audit planning and reporting, says a new IIA report

Rep. Steve Cohen has reintroduced a bill that would give the IRS the authority to set and enforce standards for tax pros.

Intuit QuickBooks added a new Recurring Payments feature to enhance invoicing management for small and mid-market businesses.

Accounting automation solutions provider Digits released its Autonomous Digital Ledger solution, intended to directly challenge competitors such as QuickBooks.

The Public Company Accounting Oversight Board imposed $3.375 million in fines on KPMG firms in Australia, Brazil, Canada, Israel, Italy, Mexico, South Korea, Switzerland and the U.K.

Excellence in artificial intelligence is going to be a key differentiator for accounting firms in the near future.

The authors of a new study explaining the specific significance of trusts for building Black wealth used the analogy of a beach filled with starfish.

Artificial intelligence is transforming the way businesses manage lease portfolios, bringing automation, accuracy and strategic insights to lease accounting.

With tax season in full swing, the Internal Revenue Service is being severely hampered by cutting staff.

Tax cuts could help soften the tariffs' impact on the economy, and allies would ideally like to pass a bill by July — though there are plenty of hurdles.