The Governmental Accounting Standards Board released a pair of implementation guides with questions and answers explaining several GASB standards.
The guidance applies to state and local governments that follow U.S. GAAP when preparing their financials.
The Top 25 Firm today acquired Jackson Thornton, a Gulf Coast Regional Leader.
The Federal Accounting Standards Advisory Board exposure draft offers a practical expedient for reporting on embedded leases in federal government contracts.
Rep. Kristen McDonald Rivet, introduced the Working Parents Tax Relief Act, which would give parents up to an additional $5,500 per child under the age of four.
The Institute of Internal Auditors is calling on lawmakers and policymakers to strengthen their oversight of prediction markets such as Kalshi and Polymarket.
The law, effective Oct. 1, 2026, will create a third pathway that allows candidates to earn their CPA license with a bachelor's degree, two years of experience and passing the CPA exam.
