A budget bill passed by the House Financial Services Committee would eliminate the Public Company Accounting Oversight Board and cap the Consumer Financial Protection Bureau's budget at roughly $249 million.
AI implementation at a CAS practice is hard enough, but it becomes even more so when people don't fully understand what AI can and cannot do.
The Big Four Firm committed to 800,000 square feet of the 1.1 million-square-foot tower known as 70 Hudson Yards, per the Wall Street Journal.
When it comes to AI in accounting, the future is already here but not everyone seems to have noticed.
The Committee of Sponsoring Organizations of the Treadway Commission collaborated with the Association of Certified Fraud Examiners on the program.
The Financial Accounting Standards Board issued a proposed accounting standards update on debt exchange transactions involving multiple creditors.
