Accounting

Affected businesses may turn to their accountants for help, but are firms the best source to help clients report beneficial ownership information to the feds?

The Praxity Alliance of independent accounting firms reported revenue of $9.7 billion in 2023, an 11% increase over 2022 at constant exchange rates.

Nonprofit development and accounting departments are working toward the shared goals of sustainable growth and accomplishing their mission.

The firm will make 329 roles redundant, while as many as 37 partners will be accelerating their retirement over the next nine months.

Company leaders think their employees and customers trust them more than they actually do, according to PwC's Trust Survey.

Despite a later start, tax filing is proceeding apace — though there are some unresolved issues.

While every company is different, there are 12 operational areas distressed businesses often miss, which can foretell a deteriorating financial condition.

The internal audit function is gaining more people and funding, according to a new survey released Monday.

The Financial Reporting Council is considering either Canary Wharf or Stratford for its new main office.

A bill backed by the Minnesota Society of CPAs that would ease the path to a CPA license has moved forward in the Minnesota Senate.

The stock rose as much as 22% in Madrid on Friday after Spanish plasma maker published its annual consolidated accounts with an unqualified opinion from KPMG.

The unemployment rate increased two-tenths of a point to 3.9% and the BLS revised downward the job numbers for December and January, indicating some softening in the labor market.

The National Pipeline Advisory Group is collecting responses from college students and accounting professionals to better address the talent shortage.

A divided Securities and Exchange Commission approved a new rule to require companies to provide climate-related disclosures, but scaled back the original proposal.

Experts believe this guidance will spur more institutions to embrace digital assets, as the rules for proper accounting are more clear-cut.

The Securities and Exchange Commission will force companies to disclose their greenhouse gas emissions for the first time, but watered down a key requirement.

The service-providing sector added 110,000 jobs for the month, including 5,000 in professional and business services such as accounting and tax preparation.

Are client advisory services the future of accounting?

Year-over-year hourly earnings growth for U.S. workers moderated slightly in February, continuing a trend that began mid-2022, while small business job growth held steady.