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The SEC alleges Kubient's two former execs and former audit committee chair artificially inflated the company's revenue and lied to auditors.

The Internal Revenue Service issued final regulations on consistent basis reporting between an estate and a person acquiring property from a decedent.

Emerging technologies are revolutionizing the group audit process with solutions to navigate the complexities and enhance audit quality.

Business solutions platform Xero announced it will acquire cloud-based reporting, insights analytics platform Syft.

Auditor independence is an area of common deficiencies year after year, according to PCAOB inspections.

The Treasury Inspector General for Tax Administration, in two reports, critiqued the IRS on cybersecurity for both its data warehouse and its cloud infrastructure.

The IRS has postponed payment and filing deadlines for those affected by the storm.

Hong Kong's Accounting and Financial Reporting Council said its review of PwC's local practice, which is separate from China's probe, is still "in progress."

Wolters Kluwer announced major enhancements to CCH Axcess Audit, which works with numerous other modules in the suite to produce more detailed insights and workflow integration.

The Internal Revenue Service issued a notice on Friday excluding from gross income the value of any tribal general welfare benefit.

China suspended the operations of PricewaterhouseCoopers LLP for six months and imposed a record penalty over lapses in its auditing of China Evergrande Group.

Plus, Gusto announces "Gus" AI; Boost launches cross-border payment solution; and other accounting tech news.

Gartner estimates that, by 2026, around 80% of independent software vendors will embed gen AI capabilities in enterprise applications, versus less than 1% in 2023.

The IRS is pushing back payment and filing deadlines for taxpayers hit by August weather.

The Internal Revenue Service and the Treasury issued proposed regs on the Corporate Alternative Minimum Tax.

The cutbacks are a sign of further retrenchment among the Big Four firms.

The EU Court of Justice backed a 2016 decision that Ireland broke state-aid laws by giving the company tax benefits that resulted in an unfair advantage.

Thomson Reuters unveiled its AI-powered Audit Intelligence suite, and its first solution, Audit Intelligence Analyze, to identify anomalies and generate documentation.

Climate change remains a top issue for global business leaders in the C suite, according to a report by Deloitte.

Oracle NetSuite announced major AI-related enhancements to numerous products across its product suite.