Accounting

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.

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

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.

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

2024 will be a demanding year for internal auditors who will be facing new requirements and updated standards.

Accounting's most influential share their primary concerns for the profession.

The International Federation of Accountants' planned revisions will include some new and revised learning outcomes to meet the demands for sustainability reporting and assurance.

Bartov testified that he "did not find any evidence of material misstatement" in the former president's financial statements and "no evidence whatsoever for any accounting fraud."

A Milan appeals court overturned a previous guilty verdict for the ex-CEO of Banca Monte dei Paschi di Siena SpA.

As the accounting profession enters a period of unprecedented change, the AICPA's Barry Melancon highlights the upsides and downsides.

Business leaders who are also CPAs are unsure about the direction of the U.S. economy next year.

Accounting Today's annual collection of the thought leaders and changemakers who are shaping the profession — and their snacks.

With steep penalties of up to $500 per day for each day a BOI report is late, business owners will want to make sure they get theirs in on time.

A prominent NYU accounting professor who is being paid to testify in Donald Trump's defense in a civil fraud trial heaped praise on the former president's financial records.

The unemployment rate declined two-tenths of a point to 3.7% in a sign of a strong economy despite high interest rates.

The International Auditing and Assurance Standards Board has unveiled a new standard for auditing smaller businesses and organizations.

Economic conditions, including inflationary pressures, topped the list of concerns cited by executives on a new survey.