Accounting

The rule on classifying workers as either employees or independent contractors reverses a change from the Trump administration.

The Institute of Internal Auditors' newly updated set of Global Internal Audit Standards takes effect in January 2025.

Accounting firms have untapped potential in their existing client base that can help them reach their growth KPIs.

From estate, gift and trust work to Social Security maximization and charitable planning, there are a host of offerings firms can work on once the tax return is finished.

A survey of Hoosier accounting and business students found some encouraging news.

Practitioners have always shared advice as part of tax prep, but the future of the field is in proactive, intentional tax advisory services.

The International Auditing and Assurance Standards Board is planning to make some minor adjustments in its quality management and global audit standards to align them more closely with international ethics rules for accountants.

The Governmental Accounting Standards Board released guidance requiring state and local governments to disclose information about certain risks.

NCCPAP's Frank Sands shares the major issues that tax pros should be paying attention to in the run up to April 15.

CPA firms play a pivotal role in supporting small businesses as they embark on the challenging path of international expansion.

The debt ceiling agreement included a side deal that would allow $70 billion in accounting moves to spare agencies most cuts, though $20 billion in cuts to IRS funds may be accelerated.

The unemployment rate remained unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported.

The dollar figures in the report come from two years of records obtained by Democrats after a protracted court battle with Trump's former accounting firm.

The service-providing sector added 155,000 jobs, including 1,000 in professional and business services.

The FAF, which oversees FASB and GASB, is asking for nominations for at-large trustees.

Nearly half the states are increasing their minimum wages this year, boosting the pay of an estimated 9.9 million workers, according to the Economic Policy Institute.

The average pace of job growth in 2023 remained above the growth rate leading up to the pandemic.

There is no question that inflation can materially impact a business, and F&A teams have the responsibility to monitor and analyze core costs that may be trending upward.

The U.K.'s audit and accountancy regulator has opened an investigation into an accountant following solar farm investments made by a now bankrupt local authority.

Auditor disclosures of client-specific quantitative materiality thresholds, which are required in the U.K. but not the U.S., could be encouraging some businesses to massage their earnings reports.