Organization Root Tag

The Securities and Exchange Commission dramatically pulled back on accounting and auditing enforcement last year after two years in a row of increases.

The PCAOB sanctioned a former BF Borgers partner for audit failures and violating partner rotation limits, and PwC Singapore for violating rules and quality control standards.

Plus, agentic AI as a cybersecurity threat, and seven other tech developments and how they'll impact your clients and your firm.

Bloomberg Tax and Accounting released two new generative AI-driven features to aid users in tax research.

Gilda Rosenberg, a Florida businesswoman, admitted in a Miami federal court that she conspired to defraud the U.S., evade taxes and fail to file FBARs.

Familiar fears for firms; 10 reminders for the season; new blog on the block; and other highlights from our favorite tax bloggers.

Rep. Steve Cohen has reintroduced a bill that would give the IRS the authority to set and enforce standards for tax pros.

Intuit QuickBooks added a new Recurring Payments feature to enhance invoicing management for small and mid-market businesses.

The Public Company Accounting Oversight Board imposed $3.375 million in fines on KPMG firms in Australia, Brazil, Canada, Israel, Italy, Mexico, South Korea, Switzerland and the U.K.

With tax season in full swing, the Internal Revenue Service is being severely hampered by cutting staff.

The possible rule changes would affect the alternative practice structures set up by accounting firms receiving private equity financing.

UBS France retaliated against its former auditor by sidelining him and refusing to promote him to executive director after he disclosed information to bosses.

The bill would claw back $20.2 billion in spending for the IRS passed as part of President Joe Biden's signature green-energy Inflation Reduction Act.

The Securities and Exchange Commission's new EDGAR system will go live on March 24.

The American Institute of CPAs is monitoring the situation at the IRS amid reports of heavy layoffs, stressing the need to maintain services during tax season.

Everyone knows tax pros don't make mistakes, but it can't hurt to doublecheck for these mistakes before filing.

KPMG elects next CEO and opens first Big Four-owned U.S. law firm; EisnerAmper names chief artificial intelligence officer; and more news from across the profession.

The agency nixed controversial staff crypto accounting guidance, which interim chief Mark Uyeda described as overstepping the normal procedures.

Tax pros' worries about the impact of Elon Musk's Department of Government Efficiency on the Internal Revenue Service include increased fraud and filing delays.

CPA business executives' outlook on the U.S. economy appears to be dimming, thanks to inflation and growing worry over tariffs, says a AICPA & CIMA survey.