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The International Public Sector Accounting Standards Board released a draft version of a sustainability reporting standard for use by governments around the world.

Fee increases may be discouraging taxpayers from seeking private letter rulings from the Internal Revenue Service to resolve their questions ahead of filing, according to a new report.

The Public Company Accounting Oversight Board released guidance on the remediation process for auditing firms with deficiencies in quality control.

The Internal Revenue Service has decided to stop automatically levying penalties when a taxpayer files a form reporting foreign gifts too late.

The accounting industry looks different today. Here's how to use that to your advantage.

Liability insurance experts examine the current landscape of risk.

Whenever MicroStrategy implements a new accounting rule, and values its crypto assets at market value at the end of each reporting period, that could trigger a major cash tax obligation.

A handful of Illinois politicians are once again eyeing a new tax on the highest earners.

The Georgia accountants were sentenced to periods of supervised release and have to pay millions in restitution.

The number of taxpayers filing individual income tax returns is projected to increase by about 10,000,000 over the next eight years.

The resignation comes after Department of Justice launched a probe into an ex-employee's claims that Super Micro violated accounting rules.

The proposed ASU would set more consistent requirements for determining the acquirer when a transaction is achieved by exchanging equity interests.

The Top 50 Firm is expanding into Delaware with its latest M&A deal.

Intuit announced new features and capacities, many of them within its QuickBooks line of products.

Xero announced the winners of its annual Beautiful Business Fund competition, of which four were based in the US.

Far too often, accountants get put into a box, and people assume this is a single-path career. But that is far from reality.

A potential recession is the biggest economic risk factor that audit partners foresee over the next 12 months, followed by regulations and geopolitical instability, said a survey by the Center for Audit Quality.

The sofamaker agreed to pay $1.5 million to the SEC to settle allegations that two former executives devised a fraudulent accounting scheme to meet a key Wall Street metric.

Private sector employers added a robust 233,000 jobs in October as annual pay grew 4.6% year over year, payroll giant ADP reported.