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This new standard changes the game for auditors to make risk assessments even more effective.

A healthy succession plan achieves three main objectives: continuity through client retention, client growth and fair financial treatment of all parties.

A recent survey of professional service providers found that the majority aren't exactly sure what generative AI even is, but they still anticipate spending more for it in both the short and long term.

H&R Block's AI chatbot assistant, a deepfake scam rakes in $25 million, and eight other developments in technology.

Affected businesses may turn to their accountants for help, but are firms the best source to help clients report beneficial ownership information to the feds?

The Praxity Alliance of independent accounting firms reported revenue of $9.7 billion in 2023, an 11% increase over 2022 at constant exchange rates.

Guy Ficco, the current deputy chief of IRS CI, will be the new chief, succeeding Jim Lee.

Finance departments have a powerful opportunity to help organizations remedy one of their most pressing concerns — late payments.

Wolters Kluwer announced that its solution support the global minimum tax in accordance with OECD Pillar II requirements.

Nonprofit development and accounting departments are working toward the shared goals of sustainable growth and accomplishing their mission.