Accounting News from Accounting Today

The Big Four firm has acquired certain assets of boutique firm Trust Processing Solutions, based in Cincinnati.

The International Ethics Standards Board for Accountants and the International Auditing and Assurance Standards Board set up technical groups for their standards.

Auditors with uncommon first names tended to take a divergent approach to the rules, reducing earnings comparability, according to a new study.

Fraud prevention demands more than data analysis; it requires leadership, cultural development and strategic foresight.

OBBBA and gambling; a billing lesson from bookkeeping; BOI 2.0; and other highlights from our favorite tax bloggers.

The International Auditing and Assurance Standards Board has revised its standard on the auditor's responsibilities relating to fraud.

The number of CFOs who say now is a good time to take greater risks plummeted to 33% in the second quarter, down from 60% in Q1, according to a Deloitte survey.

Accountants like Ed are as dedicated to helping their peers in the profession as they are to helping their clients.

The American Institute of CPAs' Auditing Standards Board is looking for feedback on a proposed standard updating auditors' responsibilities related to fraud.

The jobs report beat expectations, while the unemployment rate dipped one-tenth of a percentage point to 4.1%.

The art practice of New York City accounting firm LMC helps clients go from "starving" to successful artists in need of the firm's tax and advisory services.

Bassim Michael has created Practice Gauge, a cloud-based analytics platform for his fellow accountants to use with their dentistry and veterinary clients.

Private sector employers cut 33,000 jobs in June, the first decline in over two years, while annual pay grew 4.4% year-over-year, payroll giant ADP reported.

North Carolina Gov. Josh Stein signed into law a bill that adds an additional pathway to CPA licensure, effective Jan. 1, 2026.

The first global Ethics Standards on Tax Planning are effective.

Job and wage growth at small businesses remained stable in June, despite some moderation, payroll company Paychex reported.

The Office of Management and Budget is calling for a major overhaul in how federal agencies conduct financial audits.

The Pennsylvania Legislature passed a bill that establishes an additional path to CPA licensure, and it awaits Gov. Josh Shapiro's signature.

From an accountant's perspective, the trade deficit isn't a sign of economic weakness. As with any financial flow, there are two sides to the ledger.

Accounting platform Digits announced the launch of Digits Accounting Agents, which CEO Jeff Seibert said can outperform humans in terms of accuracy and speed.