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The Chinese real estate company's revenue overstatement dwarfs that of Luckin Coffee Inc. and Enron Corp., dealing a blow to the reputation of its former auditor PricewaterhouseCoopers and the country's financial oversight.

GreenGrowth CPAs dominated the league tables in the last quarter of 2024, adding 30 new clients through two acquisitions.

While tax season started seven days later this year, taxpayers are getting their returns into the IRS earlier, according to the latest statistics.

PICPA believes the PCAOB's Non-Compliance with Laws and Regulations proposal is disconnected from the realities of the auditing profession and will impose undue strain on an already thinly stretched workforce of CPAs.

A federal court has temporarily halted the Securities and Exchange Commission's climate-related disclosure rule in response to a lawsuit from a pair of fracking companies.

Big Four firm Deloitte is looking to overhaul its structure to cut costs ahead of a market slowdown, according to the Financial Times.

Bloomberg Tax and Accounting released Bloomberg Tax Workpapers, which focuses on data, controls and calculations for tax preparation.

A growing number of CEOs have been attaining the CFO job, with a record number of them reaching the top rung at the biggest companies last year.

Private equity firm New Mountain Capital is taking a majority stake in Grant Thornton in the biggest deal to come along in PE firms' involvement in the accounting field.

The partnership gives KPMG clients access to AuditBoard's AI-powered technologies as part of the Big Four firm's services.

Kaufman Rossin Group launches retirement and executive benefits service; Hancock Askew merges two advisory practices; and more news from across the profession.

The International Accounting Standards Board hopes to enhance the information provided by companies to their investors about acquisitions under IFRS.

Oracle announced the addition of more than 50 generative AI features in its Oracle Fusion Cloud Application Suite.

Financial advisors and tax pros say the exemption poses a lot of complexity — and substantial savings. But it could go away at the end of next year.

A majority of audit committee members are eyeing cybersecurity as a top priority in the next 12 months, followed by enterprise risk management and talent.

This new standard changes the game for auditors to make risk assessments even more effective.

H&R Block's AI chatbot assistant, a deepfake scam rakes in $25 million, and eight other developments in technology.

Guy Ficco, the current deputy chief of IRS CI, will be the new chief, succeeding Jim Lee.

Wolters Kluwer announced that its solution support the global minimum tax in accordance with OECD Pillar II requirements.

The firm will make 329 roles redundant, while as many as 37 partners will be accelerating their retirement over the next nine months.