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PricewaterhouseCoopers has settled with the Federal Deposit Insurance Corporation for $335 million over its audits of Colonial Bank, which failed in the midst of the financial crisis.

Financial institutions are scrambling to prepare for the imminent approach of the credit losses standard.

Recent legislation forecasts big industry growth, the firm predicts.

Small and midsized CPA firms often ask about best practices when it comes to funding their operations.

When it came to snagging new engagements, mergers made a major difference for many auditing firms.

A pair of Republican and Democratic senators introduced bipartisan legislation to fix one of the technical problems in the Tax Cuts and Jobs Act.

The National Association of Black Accountants will host minority high school students for a week-long career workshop this July at the University of Central Florida.

PKF International has appointed James Hickey as the new CEO of the global network of independent accounting firms, effective March 19.

DeJoy, Knauf & Blood launches cannabis practice while EisnerAmper expands its own; FASB appoints two to small-business committee; and more CPA news.

AICPA appoints BDO partner as next FinREC chair; Friedman hires tax partner; and other recent hires, promotions and personnel news from firms across the country.

The German payment processor’s Indian business became a focus point again and a Citigroup analyst said the company faces prolonged uncertainty because of the accounting allegations it’s facing.

A young CPA shares offers a valuable primer on preparing for the test.

The U.K. taxman is coming under fire over its program giving the wealthy one last opportunity to disclose income or assets stashed in secretive offshore accounts.

High-end real estate brokers in New York worry that foreign second-home buyers are feeling under assault from all sides and may end up going elsewhere.

Getting a tax refund is a springtime tradition that Americans love as much as Easter candy.

This will hurt a bit; death and taxes; millions in income, decades of not filing; and other highlights of recent tax cases.

The IRS has sent out 3.3 percent fewer tax refunds so far this year, but the average refund size continues to track with prior years, according to IRS data released Thursday.

The board is giving companies an overview of some of the key areas it will be looking at during upcoming audit firm inspections.

2018 was a big year for payroll and digital privacy. We saw several global companies face scrutiny, and in some cases lawsuits, for selling and leaking user data.

When businesses fail to file on time, they can get hit with fines or other penalties.