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Thomas Unsworth, a CPA from East Naples, Florida, pleaded guilty in a federal fraud probe of Oakes Farms Food & Distribution Services.
The Internal Revenue Service posted a contingency plan Friday indicating that it would be able to operate until Feb. 7, 2026, while keeping all 74,942 employees working.
The American Institute of CPAs introduced a new program to identify and develop the skills needed by early-career CPAs to succeed in an AI-driven market.
While still a minority, a significant percent of finance leaders have offloaded at least half of their accounting and finance workload to agentic AI tools.
The SEC named Demetrios "Jim" Logothetis as chairman of the PCAOB, and Mark Calabria, Kyle Hauptman and Steven Laughton as board members.
The Financial Accounting Standards Board has voted to add a project to its technical agenda on market-return cash balance plans.
