The Latest

The Financial Accounting Standards Board decided to pursue targeted improvements to its rules for accounting for and disclosing software costs, instead of a single overarching model.

The Internal Revenue Service has been making progress on catching up with its backlog of unprocessed tax returns, but more work needs to be done, according to a new report.

With the IRS continuing to launch promoter audits, it is important that anyone subject to such an audit consider a few strategic issues.

A new Hinge study details the marketing tactics of high-growth accounting firms.

The Internal Revenue Service's efforts to halt fraudulent claims for the Employee Retention Credit have protected more than $1 billion since the agency instituted a processing moratorium.

Plus, Chime now offers in-app tax filing; Financial Cents' new ReCats tackles uncategorized client transactions; and other accounting tech news.

PBMares establishes new risk advisory consulting practice; Weaver adds a tax partner; and more news from across the profession.

Grifols SA shares dropped as investors evaluated a regulatory review of the Spanish bio-science company's financial reports, which found "relevant deficiencies" but no major accounting mistakes.

Markus Jooste allegedly took his own life after being notified of arrest warrants over an accounting scandal.

As accounting leaders use technology to increase efficiency and reduce workloads, they're finding further benefits in the form of improved accuracy and quality.