The Governmental Accounting Standards Board has released a new Implementation Guide with questions and answers about GASB’s new standards on accounting and financial reporting for post-employment benefits other than pensions, such as retiree health care.
The guide also deals with some issues related to another standard, Statement No. 74, Financial Reporting for Post-employment Benefit Plans Other Than Pension Plans. The free downloadable guide is available through
With AI poised to take over basic tax prep, practitioners need to double down on the value they've always added, says AICPA chair Jan Lewis.
Current IASB chair Andreas Barckow's term ends on June 30, but his final successor isn't expected to be installed until Oct. 1.
Deficiency rates in audits of broker-dealers declined in 2025, according to the Public Company Accounting Oversight Board — particularly for auditors that perform a large number of engagements.
Plus, Expensify, Ignition both announce new MCPs; Xero makes standard ACH free; and other news and updates from the accounting tech arena.
Accounting undergraduate enrollment grew 8.9% in spring 2026 year-over-year, continuing steady growth for the third consecutive year.
Plus, MarcumAsia launches a SPAC and de-SPAC practice; CrossCountry elevates two co-CEOs; and other firm and personnel news from across the profession.
