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The dispute centers on a 2012 IRS audit into transfer pricing, a method used to shift profits to tax havens and avoid the U.S. corporate tax rate.

The number of students earning accounting degrees keeps falling, according to the latest figures released by the American Institute of CPAs.

Since crypto's meltdown in 2022 the digital asset industry has come to rely on "proof of reserves" as the go-to attestation, from an internal accounting and market reassurance perspective.

CohnReznick acquired Exiger's construction monitorship and public sector forensic investigations division; DJH Mitten Clarke acquired Revell Ward, Lyon Griffiths, and Haines Watts' Altrincham office; and OD Accountants acquired Probusiness.

New best practices to help practitioners prepare for the inevitable are just some of the new developments going on at the service, according to NCCPAP.

The changes aim to make the ESG rules more relevant to a global audience.

When she asked whether a line of credit would show up in FTX's audit, he said, "Don't worry, the auditors aren't going to look at that."

Negotiators presented a legal text that sets out who can levy the profits of the world's biggest corporations in order to prevent a resurgence of trade tensions.

A group of lawmakers is pushing tax officials to move up the start date for crypto brokerages and exchanges to report on clients' transactions.

The median growth rate hit 9.1% in net revenue in fiscal year 2022, according to a new survey, over double the 4.2% growth rate of fiscal year 2020.