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At least 39 states did not have enough money to pay all of their bills at the end of 2019, leaving them ill-prepared to shoulder the costs of the novel coronavirus pandemic, according to a new report.

The Virginia Society of CPAs' new committee will advise its board of directors on diversity-focused programs and engage with local leaders to help grow the accounting student pipeline.

The hope is that local jurisdictions will sign on so businesses don’t have to reach out to each individually.

The cloud-based solution provides dashboard visualization and other tools for managing clients' loan forgiveness applications.

Now that U.S. companies have experienced two fiscal quarters in the midst of the novel coronavirus pandemic, quarterly reporting for Q3 doesn’t seem to be getting any simpler, according to a new report from Deloitte.

Teaching is viewed as a chance to improve the profession as well as an opportunity to pass on valuable experiences to those who are just getting started.

KfW, Germany’s third-largest bank by assets, may drop Ernst & Young as auditor as EY continues to be plagued by its role in the country’s Wirecard accounting scandal.

The Manhattan district attorney said press reports suggesting potential misdeeds by President Donald Trump and his company could justify a grand jury subpoena of the president’s taxes and other financial records.

Germany’s financial regulator is considering opening a probe into Grenke AG’s accounting practices, wading deeper into the controversy after criticism of its failure to unearth fraud at Wirecard AG.

But the federal government has been able to correct some of its earlier missteps, like sending millions of stimulus checks to the deceased, according to the Government Accountability Office.

The regs clarify that certain deductions aren’t to be considered miscellaneous itemized deductions.

The Internal Revenue Service and the Treasury Department issued the last set of final regulations to implement the 100 percent additional first-year depreciation deduction from the Tax Cuts and Jobs Act.

COVID-19 doesn’t seem to be having an impact on such disclosures, according to a report from Ernst & Young.

State tax revenues in some parts of the U.S. are rebounding as the economy emerges from the coronavirus lockdown, a positive sign for governors and mayors who had been bracing for the biggest fiscal crisis in decades.

Prepare an engagement proposal that lists exactly what you will be doing and the total price for the project.

Companies that took advantage of federal pandemic-relief efforts like payroll tax deferrals will face bigger bills next year.

The Financial Accounting Standards Board is offering a practical expedient to the current revenue recognition rules for franchise businesses.

The coronavirus pandemic has made it clear that real-time systems are possible, and critical to decision-making.

New legislation aims to offer even more help.

The Sustainability Accounting Standards Board is moving beyond environmental issues and further into the areas of social and governance reporting.