Accounting News from Accounting Today

The new accounting model would reflect how financial institutions manage interest rate risks in their portfolios.

Small businesses in particular lost a total of 120,000 jobs.

Last month brought a slight uptick in wage and job growth at small businesses, payroll company Paychex reported.

A study found that students underestimate the audit profession's attractive aspects and overestimate its less appealing aspects.

The USO's Accountants Salute the Troops Council aims to bring the accounting firms together to raise $250,000 in funding by July 4, 2026.

The American Accounting Association is calling on the Department of Education to reverse course after proposing to remove accounting from its definition of "professional degree" programs.

A recently released book explains a framework for improving a company's profitability.

Job satisfaction for female CPAs in tax, audit and CAS has improved by more than twice as much for female CPAs than it has for male CPAs in those areas.

The American Institute CPAs, the National Association of State Boards of Accountancy and state CPA societies voiced their objections to a government proposal.

The Financial Accounting Standards Board issued a new accounting standards update aimed at improving its existing hedge accounting guidance.

Empire State Gov. Kathy Hochul signed a bill into law that will create an additional pathway to CPA licensure — the latest state to pass changes to licensure requirements.

The deadline for public comment on proposed changes to continuing professional education standards is fast approaching.

The American Institute of CPAs is urging the IRS not to merge its Office of Professional Responsibility with its Return Preparer Office to avoid confusion.

The 2016 standard on leases met its objective of providing investors with useful information, but the costs of implementing and maintaining it were high.

Boomer Consulting and Miles Masterclass are teaming up to provide on-demand training on artificial intelligence to Boomer firms at a discounted rate.

The Financial Accounting Standards Board decided to add a project to its technical agenda related to the accounting for cryptocurrency asset transfers.

The Public Company Accounting Oversight Board has made a pact with Lithuania's audit regulator to allow the two organizations to cooperate on overseeing firms.

Over his six-decade long career, Richardson was a pioneer of technology in the profession, working as a consultant, speaker and former national director at EY.

The International Accounting Standards Board discussed adding new projects to its agenda, along with ongoing work on the equity method and intangible assets.

Audit and advisory leaders are working to implement AI solutions, but major hurdles mean that most professionals remain largely dependent on manual processes.