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The Public Company Accounting Oversight Board released a staff publication highlighting problems it's seeing with audits of journal entries.

Check out this case study on how CLA reimagined its approach and is achieving greater success.

Sen. Tommy Tuberville and Rep. Warren Davidson reintroduced legislation to repeal the Corporate Transparency Act and its beneficial ownership information reporting.

The emotionally and financially taxing process of a separation demands careful planning, multifaceted form-filing to the IRS and, probably, an advisor for each spouse.

The Institute of Internal Auditors announced that its Global Internal Audit Standards officially became effective on Jan. 9.

Treasury Secretary nominee Scott Bessent warned of an economic crisis that will hammer middle- and working-class people if the 2017 tax cuts aren't extended.

Finding talent tops the profession's concerns, according to a new report from the Massachusetts Society of CPAs.

The Internal Revenue Service released guidance on the tax treatment of contributions and benefits from state paid family and medical leave programs.

The accounting profession has the opportunity to advance by emphasizing intellectual capital in engagements.

The Public Company Accounting Oversight Board revoked SS Accounting and Auditing's registration and barred its owner and sole partner for violating rules and quality control standards.

Most Biden administration tax proposals weren't adopted by Congress, including an idea to tax the unrealized gains of billionaires.

The outgoing Treasury Secretary warned that plans by the incoming administration could worsen an already challenging fiscal outlook.

The latest data on revenue growth for CAS practices, statistics from IRS Criminal Investigation for the full year of 2024, and other major metrics.

Boston-based Top 100 Firm KLR has added Sullivan Bille P.C., based in Andover, Massachusetts.

The IRS and the Treasury Department issued proposed regs and reporting requirements for multiyear corporate separations and a draft form.

The International Ethics Standards Board for Accountants plans a standard-setting project on accounting firm culture and governance in response to a new report.

The American Institute of CPAs updated its aid on accounting for and auditing digital assets in response to changes in accounting standards.

A survey from Wolters Kluwer found that accounting firms are planning major tech investments in 2025.

The company has acquired JustPerform, a cloud-native enterprise performance management suite

The accounting profession is on the brink of a significant evolution, driven by technological innovation, regulatory shifts and demands for transparency.