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Both Big Four firms announced significant upgrades to its AI capacities for audit and assurance work.

The Audit Reform Lab published a report analyzing Britain's audit industry after high-profile corporate collapses and criticism.

While being a camp counselor is a rite of passage for many college students, it's not an obvious prerequisite for a career in audit. But it should be!

Insights into the IRS's progress on the Form 1099-DA and forthcoming regs on crypto asset reporting.

These investment vehicles present obstacles that require a deep understanding of the real estate industry and robust financial expertise.

One man, in the eyes of Donald Trump, is a "money machine." The other is a guy named "Scott."

The American Institute of CPAs' Auditing Standards Board voted to approve a set of revisions to the rules for attestation engagements to align them with the AICPA's quality management standards.

The Top 10 Firm based in Chicago is adding a Top 75 Firm headquartered in Redwood City, California in July, only a few months after receiving private equity funding.

A KPMG survey found 72% of companies are using AI in their financial reporting process to some extent, and executives expect auditors will start examining controls around the technology.

Wolters Kluwer launched a Regulatory Violations Intelligence Index tracking penalties against U.S. financial services institutions.

SMBs and their financial advisors have deep concerns about the impact of bribery and corruption, according to a new survey.

The National Pipeline Advisory Group identified six recommendations based on survey data to a address accounting's talent shortage, including rethinking CPA licensure requirements.

Tax professionals will need to take extra steps to get access to certain systems and information.

Old IRS tech; lead, don't manage; an MP want-ad; and other highlights from our favorite tax bloggers.

The Internal Revenue Service published final regulations officially lowering the fees for new Preparer Tax Identification Numbers and renewed PTINs.

The Internal Revenue Service cautioned consumers to beware of inaccurate advice which prompted thousands of taxpayers to file overblown claims and held up their refunds.

The Public Company Accounting Oversight Board updated its standard-setting, research and rulemaking agendas to reflect recent progress on modernizing the its older standards and rules.

Reliable data is the foundation of effective climate-related disclosures, and audit and tax professionals' experience is essential in supporting this data's integrity.

KKR is in talks for a new loan for MYOB, an Australian accounting software firm that the private equity giant acquired in 2019, people familiar with the matter said.

The Public Company Accounting Oversight Board approved two new standards, on systems of quality control and the general responsibilities of the auditor.