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The board is amending its guidance for determining whether debt should be classified as a current or noncurrent liability in a classified balance sheet, in response to input from private companies.

A former KPMG partner was sentenced for his role in eliciting confidential information from the U.S. audit regulator to boost the firm’s annual inspection results.

The president has decided against making an end-run around Congress to cut the tax on capital gains by indexing gains to inflation.

The presidential candidate released a plan Thursday to expand Social Security benefits by $200 per month with a payroll tax increase on incomes above $250,000.

The senator is taking a slightly different approach to targeting the same non-wage income as proposals from Democratic presidential hopefuls.

The American Institute of CPAs announced the 129 students who will be splitting a total of $666,000 in academic scholarships.

Macias Gini & O'Connell, based in Los Angeles, is expanding its presence in New York, particularly in the financial services, cannabis and entertainment industries.

Public companies and their audit committees are revealing far more about their auditing firms, audit fees and audit partners this year, according to a new report from Ernst & Young.

The deadline is approaching soon for many businesses to file their reports on unclaimed property, and now they might want to include lost bitcoins and forgotten cryptocurrency passwords.

K2 Enterprises’ annual Quality Awards are given to accounting technology products that display innovation.