"AICPA mulls IFRS for private companies" (Oct. 20-Nov. 2, 2008, page 5) misidentified the Private Company Financial Reporting Committee as an American Institute of CPAs' committee; it is, in fact, sponsored by the Financial Accounting Standards Board, with additional administrative support from the AICPA. Our apologies for the error.
Ernst & Young released its 2026 U.S. audit quality report, showing the biggest improvement ever in its annual PCAOB inspection findings.
Taxpayers waited about 20 months for the IRS to process their identity theft cases in recent years, frustrating and burdening taxpayers expecting tax refunds.
Recent tax law changes are prompting businesses to rethink entity structures. Here's what financial advisors need to know when guiding clients or making decisions about their own RIAs.
The Governmental Accounting Standards Board released an implementation guide with questions and answers clarifying the requirements related to subsidies.
The Internal Revenue Service issued its annual notice setting the daily rates that business travelers can use when deducting their expenses.
Financial operations platform Ramp, traditionally associated with outbound payments, now has a solution for inbound payments via the new Ramp Accounts Receivable product.
