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The Financial Accounting Standards Board released an update to improve the requirements for identifying the accounting acquirer in business combinations.

Public accounting is a vibrant and strong profession and also a business, as shown in data from the latest rankings on firm revenues, partners and staff size.

Approximately three-quarters of large global companies are receiving assurance services on their sustainability reporting, according to a new report.

The findings come after a net loss of $31.7 million for the first quarter, which ended with cash, cash equivalents and short-term investments of $759 million.

House Republicans are struggling to resolve issues with President Trump's multitrillion-dollar tax package, including the SALT deduction.

The committee also proposes limiting states' ability to pay their share of Medicaid by placing a moratorium on new or increased taxes on medical providers.

Billions of dollars allocated under former President Biden's Inflation Reduction Act would be rescinded under a portion of Trump's sweeping tax package.

The proposal calls for increasing the maximum child tax credit to $2,500 and raising the estate tax exemption to $15 million.

Artificial intelligence has led tech-forward firms to be more efficient and productive, but firms have found it still struggles with precision and accuracy.

The debate over state and local tax deductions has been a thorny fight because it's a political priority for a small but vocal group of Republicans.

The proposal would create a tiered system of taxation so that wealthy colleges and universities pay more as the size of their endowment grows.

The videos cover roles and responsibilities, ethics and independence, people resources, and technological and intellectual resources.

Plus, EY announces Integrated Finance Managed Service; Ignition debuts AutoCollect solution; and other accounting tech news and updates.

PICPA installs new president; PCAOB appoints acting chief economist; and more news from across the profession.

Just like hotels and restaurants, when you move up the price ladder, you move up the expectations ladder.

It remains unclear why the companies struck the deal without an IRS purchase, but Carahsoft previously said it stands by the cybersecurity tech transaction.

President Trump is pushing lawmakers to increase tax rates on some of the wealthiest Americans as a way to offset other cuts.

President Trump said he would be fine with Republican lawmakers raising taxes on the wealthy, but acknowledged the political challenges.

President Trump's 'big beautiful bill' continues to move through the House and Senate.