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U.S. and South African accounting organizations extended a mutual recognition agreement through mid-2031, allowing accountants to practice in both countries.

The accounting standards update offers guidance on how an issuer should initially measure paid-in-kind dividends on equity-classified preferred stock.

The reason integrated firms are being built and attracting clients is not because service bundling is a clever revenue trick.

PricewaterhouseCoopers agreed to pay fines and compensation to settle investigations into its auditing work for the collapsed property giant.

Ignite Financial Close Companion, developed in cooperation with Google and HR platform Workday, assists with the month-end closing process.

The International Sustainability Standards Board decided during a meeting on Earth Day that it will propose a set of requirements for nature-related disclosures in the form of an IFRS Practice Statement.

Our redesign makes finding news to grow and scale your firm easier than ever.

The House Financial Services Committee voted to advance legislation that would effectively repeal the Corporate Transparency Act and its beneficial ownership information reporting requirements.

It's not that we don't have enough petroleum in our pipelines, it's that we don't have a high enough octane to perform what we need it to do.

In June, voters will decide whether to impose an eight-fold increase to a gross-receipts tax on any large company doing business in the city where the highest paid executive earns 100 times or more than their median employee.

Amid major disruption, firm leaders still see plenty of upside in accounting.

Most magical place; Amazon warehouses; paper or plastic; and other highlights from our favorite tax bloggers.

The Governmental Accounting Standards Board debuted a series of videos to help officials understand the information included in government financial reports.

A judge ruled the IRS can't classify micro-captive insurance as a listed transaction, but allowed classifying it as a "transaction of interest."

While the specific impacts are still being determined, professional liability insurers that cover CPA firms increasingly are coming to a consensus that AI is a source of risk that must be controlled by strong governance.

Kentucky has become the latest state to pass legislation offering an alternative pathway to qualifying for a CPA license to broaden the talent pipeline.

Officials in some states are seeking to regulate prediction markets like casinos, requiring the companies to apply for state licenses and pay state taxes.

The firms that survive and thrive in the next 10 years won't be the ones with a great strategy alone.