Accounting standards

The new Pilot AI Accountant claims to run the entire bookkeeping and financial reporting process with zero need for human intervention.

The Auditing Standards Board will be proposing a set of updates to its attestation standards to address sustainability information and other assurance issues.

Turkey hired Ernst & Young LLP to lead a multibillion-dollar privatization of two landmark Istanbul bridges and a string of highways.

KNAV Advisory acquired UAE-based assurance and advisory firm Affiniax Group, expanding its presence in the Middle East.

The Financial Accounting Standards Board has voted to add a project to its technical agenda on market-return cash balance plans.

The International Public Sector Accounting Standards Board released a standard to help entities consistently report climate-related risks and opportunities.

PwC executives have asked teams to resume pitching for work with Saudi Arabia's Public Investment Fund after a one-year ban expired.

AICPA president and CEO Mark Koziel told accountants about challenges to the credential from the federal government, states, companies and even accounting firms.

Baker Tilly International saw its global network of accounting firms score a record amount of total revenue for the fiscal year ending Dec. 31, 2025.

The PCAOB sanctioned audit firm Zwick CPA, its owner Jack Zwick and audit manager Jeffrey Hoskow for violations related to an audit of Genie Energy.

The International Ethics Standards Board for Accountants outlined its views of eight fundamental elements of an ethical culture and governance framework.

The Top 25 Firm based in New York has merged in Bowman & Company, with three offices in New Jersey and a specialty in municipal and governmental accounting.

Strategy adopted an accounting change that requires valuing the firm's crypto holdings at market prices, which is why it's expected to book such a big hit.

The trustees overseeing the Financial Accounting Foundation have named three new members of the Governmental Accounting Standards Advisory Council.

Chartered Professional Accountants of Canada has signed a memorandum of understanding with the Pan African Federation of Accountants.

The venerable U.K. retailer also cut its annual dividend after an accounting error in its North American business triggered a stock slump.

No expertise needed; losing Trump benefits; excise taxes can't replace property taxes; and other highlights from our favorite tax bloggers.

Wolters Kluwer announced plans to launch a new platform specifically for accounting firms transitioning from compliance-based work to an advisory-first model.

The Public Company Accounting Oversight Board has reached a deal with the Cyprus Public Audit Oversight Board.

The Financial Accounting Standards Board released an accounting standards update to improve its codification of standards on different topics.