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The institute's Accounting and Review Services Committee clarified a standard on financial statement prep that has major ramifications for CAS practices.

Tax collection projections are down. Refunds are up. That's a formula that could dampen U.S. government revenue.

The Internal Revenue Service's Criminal Investigation unit has a new initiative for engaging with financial institutions to uncover tax and financial fraud.

The Securities and Exchange Commission voted to end its defense of the climate-related disclosure rule it approved last year under the Biden administration.

The PS+ practice serves nearly 80 firms across the U.S. and Canada.

Suzan DelBene, D-Washington, and Terri Sewell, D-Alabama, introduced legislation to prevent Trump from reassigning IRS investigators to immigration enforcement.

Paul Atkins deflected questions on whether the Public Company Accounting Oversight Board should be scrapped, saying it was up to Congress.

Big Four firm PwC released Agent OS, an agentic AI operating system to streamline AI workflows and orchestrate complex, multi-agent business processes at scale.

Many companies are enthused by Trump's proposals to cut taxes and regulation, but there's mounting concern that his tariffs will raise prices and squeeze margins.

The Criminal Investigation unit of the Internal Revenue Service launched 2,039 tax and money laundering cases related to COVID fraud over the past five years.