Accounting

The Governmental Accounting Standards Board published a post-implementation review report on GASB Statement No. 72, Fair Value Measurement and Application.

The Public Company Accounting Oversight Board increased its enforcement activity in 2024 to its highest level since 2017, according to a new report.

A diverse range of financial investments and assets adds another layer of complexity for accountants working with family offices.

The Lease Accounting Institute launched the Certified Global Lease Accountant training program and professional designation.

The PCAOB censured the firm, imposed a $2.75 million fine and instituted quality control requirements.

The southern African nation's difficult operating environment recently led to the exit of global accounting firms Deloitte LLP and PwC LLP.

Elon Musk's demand that more than 2 million federal employees defend their work is facing pushback from other powerful figures in the Trump administration.

The new head of the AICPA, Mark Koziel, shares his thoughts about the profession, his plans for the organization, and more.

Our profession has withstood many sea changes and survived them … and then some.

Members of the Tennessee Society of CPAs visited the state capital in Nashville this week to lobby for changes in the licensure and mobility laws.