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AI technology is new, so it feels like it should demand a new kind of governance. It doesn't. The profession already has the answer inhouse.

The Internal Revenue Service's CI division is getting back to its traditional priorities after it was sidetracked last year into immigration enforcement.

Plus, the PCAOB's chief auditor departs; and other firm and personnel news from across the profession.

The Federal Accounting Standards Advisory Board issued staff implementation guidance implementing its Management Discussion and Analysis standard from 2024.

Lulling tactics; up to 152 years in prison; big-ticket items; and other highlights of recent tax cases.

Plus, BlackLine announces AI governance console for CFOs; Sage X3 enhancements focus on manufacturers and distributors; and other accounting tech news.

The Top 25 Firm appointed Dee Burger as its first CEO. Founder and former managing partner Bill Carr will remain on as chairman of the board.

Chief auditor Barbara Vanich is set to depart the Public Company Accounting Oversight Board on July 15, after 17 years.

For many taxpayers — especially those with variable, limited or short-term tax capacity — credit transferability provides a practical and effective solution.

Whether advisors choose individual stocks or not, the SEC's proposal to allow semiannual reporting rather than quarterly could impact clients' portfolios.