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Jimmy Haslam contends Pilot Travel execs have changed quarterly-earning accounting methods in a way that will cut the value of his holdings by $1.2 billion.

GE's legal and accounting teams were investigating how accurately turbine sales in Angola were reflected on the company's books.

The U.S. has spelled out new rules for tax credits manufacturers can receive for domestically producing parts necessary for the energy transition — and there's a clear divide for miners and processors.

The board is providing information to help companies with its disclosure standards before they take effect in January.

The Institute of Management Accountants reported increased salaries and job opportunities for Certified Management Accountants as opposed to those without certifications.

The American Institute of CPAs provided information for U.S. accounting professionals on the potential impact on their out-of-state engagements if some of the pending legislation in some states on licensure requirements is enacted.

The Chicago-based firm plans to add the federal government practice of CliftonLarsonAllen, effective Dec. 31.

The International Internal Audit Standards Board voted to approve a set of new standards that are expected to be released in January.

The Financial Accounting Standards Board issued an accounting standards update aimed at improving income tax disclosures from companies.

ERP systems need to be constantly reassessed as business needs shift and new priorities arise.

The deal saved hundreds of Chinese companies in the U.S. from being booted off American stock exchanges but has done little to revive the flow of initial public offerings.

High-stakes Treasury guidance for claiming hydrogen production tax credits has drawn the ire of Senator Joe Manchin.

Amazon said the ruling confirms that it "followed all applicable laws and received no special treatment."

The International Federation of Accountants wants organizations to combine sustainability reporting with their existing internal control and governance frameworks.

E-invoicing is a reality that businesses must grapple with — and not only in the European Union.

The Securities and Exchange Commission approved the board's 2024 budget totaling $384.7 million, up approximately 10%.

Many students lack the financial resources to pay the tuition and fees needed to become CPAs, according to a new report.

This will be the first reorganization for the Internal Revenue Service in over 20 years and reflects the new transformation goals underway at the agency.

Right now, the accountants at the center of the growing talent crisis are cautiously optimistic on the potential of generative AI.

The Financial Accounting Standards Board released its long-awaited accounting standards update to improve the accounting for and disclosure of certain cryptoassets.