Accounting

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IFAC signed an agreement with two global health groups to improve accounting practices in the public health sector.

Having completed many of its major current projects, the board is looking for suggestions on what to work on going forward.

The IRS, tax preparers and taxpayers all scrambled to keep up with a rapidly changing situation this year.

Each generation leaves its mark on the way things are done, and accounting is no different.

Sustainability reporting standards, as well as assurance services to verify that reporting, vary widely across jurisdictions and individual practitioners and require better standardization.

The SEC has tweaked certain accounting rules and is considering doing more.

The tax prep giant's financial technology innovation arm is adding new accounts receivable features to its bookkeeping software.

U.S. oil and gas companies, along with their investors, may not be doing enough to reflect the impacts of the climate crisis in their financial reports.

KPMG U.K. Ltd. faces a 15 million pound ($21 million) fine after it committed “gross misconduct” over a conflict of interest when it advised bed manufacturer Silentnight and the private equity firm that bought it in 2011.