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The boards are moving to a new oversight body called the International Foundation for Ethics and Audit.

Accountants are well positioned to counter corruption and economic crime at the global and domestic levels.

The board issued an ASU to ease the guidance for applying the leasing standard to arrangements between entities under common control.

China will strengthen regulations on the CPA sector, a deputy finance minister told Deloitte after the the Big Four firm was hit by a record fine.

The auto world will know by Friday where the Biden administration stands on some of the toughest policy questions surrounding the U.S. transition to electric vehicles.

Sue Coffey of the AICPA dives into why the number of people entering the profession isn't keeping up with demand — and what accountants can do about it.

Despite the higher premiums they can charge when operating at capacity, the lack of qualified candidates is spelling trouble for firms who are running on skeleton crews.

PKF Texas appoints next business advisory practice leader; BST & Co. hires marketing strategist; and more accounting news.

Management at the Brazilian retailer told auditor PwC and its audit committee there were no supply-chain financing ops, but gave securities regulators conflicting information.

Plus, Genius Scan introduces new expense reporting capacities; Xero to retire WorkflowMax; and other news from the accounting technology arena.

Slowly but surely, more private businesses are adopting the new standard as they face demands to put their operating leases on their balance sheets.

The IRS proposed new rules on non-fungible tokens this week, and accounting professionals in the space see the agency starting to get serious about these assets.

The service's Criminal Investigation unit investigated 975 tax and money laundering cases related to COVID-19 with fraud totaling $3.2 billion.

Overall new client additions — and departures — continue to rise, thanks to M&A.

"Our budget request provides steady-state operational funding," Yellen said. "It will complement the one-time, long-term investment in the IRS."

The Internal Revenue Service updated its frequently asked questions about the information return for reporting transactions involving payment cards and third-party networks.

Employees in investment consulting, compliance, legal and audit would worry over their jobs, given duplications with UBS.

Evaporation of banks; slow filers; crypto and normal taxes; and other highlights from our favorite tax bloggers.

The proposed regs cover the advanced manufacturing credit in the CHIPS Act of 2022 to spur development of the U.S. semiconductor industry.

In an unusual move, CPA Fiona Ma has urged the state supreme court to take up the case.