Accounting

The AICPA & CIMA have published a Business Resilience Toolkit to help leaders and finance professionals cope with economic uncertainty and challenging conditions.

It faces a potential $4.6 billion in additional taxes owed after an accounting change, although it is contesting the matter with the Internal Revenue Service.

Confidence among accountants ticked up slightly in the second quarter of the year, the first increase since last year, according to a survey by the ACCA and IMA.

Client advisory services are proving to be a game changer in how accounting firms engage with their clients, especially when fused with tax advisory services.

The Public Company Accounting Oversight Board sanctioned Centurion ZD CPA & Co. and Chan Kam Fuk, permanently revoking the firm's registration and permanently barring the owner.

The Public Company Accounting Oversight Board named the largest cohort in the program's history to receive $15,000 merit-based scholarships, totaling over $10 million.

House Republicans released a spending proposal that threatens to withhold funding from the Financial Accounting Standards Board unless it withdraws its income tax reporting standard.

Nearly one-third (32%) of Americans have taken no financial steps to prepare for a natural disaster, according to a survey by the Harris Poll on behalf of the American Institute of CPAs.

Can we really advocate for more CPA candidates when the accounting profession lacks the infrastructure and support to keep the ones we already have?

Public Company Accounting Oversight Board chair Erica Williams is departing on July 22, after being pushed out by the new SEC chairman after her agency narrowly avoided an effort to eliminate it.

The Big Four firm has acquired certain assets of boutique firm Trust Processing Solutions, based in Cincinnati.

The International Ethics Standards Board for Accountants and the International Auditing and Assurance Standards Board set up technical groups for their standards.

Auditors with uncommon first names tended to take a divergent approach to the rules, reducing earnings comparability, according to a new study.

Fraud prevention demands more than data analysis; it requires leadership, cultural development and strategic foresight.

OBBBA and gambling; a billing lesson from bookkeeping; BOI 2.0; and other highlights from our favorite tax bloggers.

The International Auditing and Assurance Standards Board has revised its standard on the auditor's responsibilities relating to fraud.

The number of CFOs who say now is a good time to take greater risks plummeted to 33% in the second quarter, down from 60% in Q1, according to a Deloitte survey.

Accountants like Ed are as dedicated to helping their peers in the profession as they are to helping their clients.

The American Institute of CPAs' Auditing Standards Board is looking for feedback on a proposed standard updating auditors' responsibilities related to fraud.