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The Public Company Accounting Oversight Board's inspection staff found noticeable improvements in the deficiency rates of the six largest global auditing firms.

The Governmental Accounting Standards Board made some preliminary proposals on accounting for severe financial stress and probable dissolution disclosures.

The institute's Accounting and Review Services Committee clarified a standard on financial statement prep that has major ramifications for CAS practices.

Due diligence and caution are important when evaluating investment opportunities and business plans that are being pitched.

Tax collection projections are down. Refunds are up. That's a formula that could dampen U.S. government revenue.

Even when auditors follow all the standards and perform a high-quality audit, they can still be sued.

Spreadsheet provider Sourcetable launched a spreadsheet that lets users tell it what they want through natural language commands.

The Internal Revenue Service's Criminal Investigation unit has a new initiative for engaging with financial institutions to uncover tax and financial fraud.

As the expiration of key Tax Cuts and Jobs Act provisions looms, tax pros are preparing for what could be another period of upheaval.

The Securities and Exchange Commission voted to end its defense of the climate-related disclosure rule it approved last year under the Biden administration.