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The firm will make 329 roles redundant, while as many as 37 partners will be accelerating their retirement over the next nine months.

The Financial Reporting Council is considering either Canary Wharf or Stratford for its new main office.

A bill backed by the Minnesota Society of CPAs that would ease the path to a CPA license has moved forward in the Minnesota Senate.

New York State and the Internal Revenue Service have developed a new program that allows eligible New Yorkers to e-file their federal and state personal income tax returns for free.

KPMG and its partner Adrian Wilcox failed to audit the advertising agency with sufficient professional skepticism, according to the Financial Reporting Council.

The move would make New Jersey's corporate tax the highest rate in the country.

The Securities and Exchange Board of India found that about 20 billion rupees may have been diverted from the entertainment company.

The technology company is the subject of an inquiry into a glitch in its Horizon accounting software that led to the wrongful accusations of theft, fraud or false accounting against more than 900 sub-postmasters in the U.K.

The firm delivered a 4% rise to its 833 U.K. partners, similar to last year's levels, but they remain at the bottom of the pay table.

The accounting software, Horizon, had issues such as a loss of data, which meant payments and receipts didn't balance.

The city cites corporation business tax "deficiencies" for 2017 through 2021 and is also seeking interest and penalties from the failed bank.

The fast-growing international network formed by former partners from Arthur Andersen has expanded to San Diego.

Glitches in the Japanese technology titan's Horizon software led to hundreds of local U.K. sub-postmasters being wrongly convicted of theft and false accounting.

The proposal would eliminate so-called double taxation of Taiwanese workers and firms in America.

Hundreds of sub-postmasters in the U.K. were wrongfully prosecuted for theft and false accounting after computer glitches led to shortfalls in their accounts.

Over 60 members of the New Jersey Society of CPAs visited 65 high schools in the Garden State last fall to tell students about accounting careers and how to become a CPA.

The Illinois CPA Society and its affiliated CPA Endowment Fund of Illinois recognized the 12th and largest group of young people to date to complete its Mary T. Washington Wylie Internship Preparation Program.

The Washington, D.C., Attorney General's office accused the tax prep chain of illegally overcharging thousands of residents and misleading consumers.

The New York governor called for a new tax break to promote affordable housing and increase support for fighting crime in New York City.

Perceived deficiencies in oversight posed a risk that licenses could be granted to applicants lacking financial stability or cybersecurity standards, an audit team wrote.