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Almost three-quarters of inspections showing sub-par work, according to the watchdog.

A new report from the Association for Accounting Marketing and the Hinge Research Institute found that the last year-plus had a positive impact on firms by accelerating key tech and process changes.

Group of Seven governments are nearing a deal to pursue a minimum corporate tax rate of at least 15% in international negotiations, but remain at odds over how to treat global technology companies.

The proposal sets aside the Biden administration’s proposal to raise the headline corporate income rate to 28% from 21% — a non-starter for Republican lawmakers — though that could be pursued elsewhere.

By creating a more efficient and strategic finance team and improving their access to data, AI helps them gain the ability to more closely manage and control money.

Baker Tilly promotes 24 to partner; NJCPA announces virtual convention; and more CPA news.

The unemployment rate declined 0.3 percentage point to 5.8%, as the economy slowly recovers from the COVID-19 pandemic.

The Partner Development Fund was created to incentivize customers to migrate their Sage applications to Cloud at Work hosting.

Bait, switch and threaten; power corrupts; Herbal remedy; and other highlights of recent tax cases.

International Accounting Standards Board chair Hans Hoogervorst is looking back at the growth of International Financial Reporting Standards as his decade running the IASB is set to end this month.

Business executives who are CPAs are feeling more optimistic about the U.S. economy than they’ve felt in the past three years.

The American Jobs Plan would take taxes on GILTI through the roof.

Sen. Ron Wyden has questions about why the company consistently loses money in the U.S. and doesn’t pay more in taxes.

This week’s finance ministers’ meeting may help lead to a broader deal in July or October.

Private wealth clients, hedge fund managers and cryptocurrency traders fleeing to Puerto Rico for its huge tax breaks — and to escape President Joe Biden’s proposed capital gains tax increases — are now the focus of a sweeping Internal Revenue Service review.

The Biden administration has proposed requiring the collection of data on foreign cryptocurrency investors active in the U.S., aiming to bolster international cooperation to help in a broader crackdown on tax evasion.

Employment in the private sector increased by 978,000 jobs last month, payroll giant ADP reported, as the economy slowly continues to recover from the COVID-19 pandemic.

The leading CPA financial planners with over $1 billion in assets under management

As companies come under increasing pressure to deal with climate change and diversity, their internal auditors are putting more emphasis on making sure environmental, social and governance reports are reliable.

The Illinois CPA Society awarded $104,500 in scholarships to 55 local accounting students as part of its annual Accounting Scholarship Program.