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If marijuana is reclassified, lots of businesses may want to reconsider their structure.

The Internal Revenue Service intends to expand the number of states and tax situations in which the free Direct File system will be available.

The lawsuit alleges that Jim Chanos "planned on using his power as general partner to run the company into the ground, enjoy the tax benefits of his financial shenanigans, and leave his partners with nothing."

CPA financial planners need to make clear how they're different from the rest of the pack.

China may suspend some of the global auditor's local operations over its role in one of the nation's biggest alleged financial fraud cases.

Given the financial and reputational repercussions, accounting firms must look for advanced solutions to stay ahead of cybercriminals. One is opting for managed security services.

Arkansas and Alaska are among the states where residents have the least financial literacy, according to a new report.

While robust software solutions can streamline these processes, it's still important to have a fundamental grasp of the requirements for successful implementation.

The foundation commemorated the 40th anniversary of the Governmental Accounting Standards Board, and referenced last year's 50th anniversary of the Financial Accounting Standards Board.

The International Sustainability Standards Board and the IFRS Foundation published an inaugural guide to using their standards in different countries.