Accounting

The Financial Accounting Standards Board published a rule in 2023 requiring companies that hold crypto to report their tokens at fair value.

As the odds of a downturn climb, one expert warns that it may result in the uncovering of so-far undetected fraud schemes.

Utah Valley University and Intuit are piloting a hands-on education program to attract students to pursue accounting careers.

Grant Thornton Advisors is merging together more international firms in its network, adding firms in the United Arab Emirates, Luxembourg and the Cayman Islands.

The U.S. Department of Education plans to resume collecting defaulted student loans on May 5 after a years-long pause that began with the pandemic.

Some Americans are changing their financial behaviors and delaying purchases based on their feelings about their financial situation, according to a survey by the AICPA.

How will artificial intelligence and private equity shape the work of young accountants?

The Tennessee General Assembly passed legislation backed by the Tennessee Society of CPAs adding an extra pathway to a CPA license.

The financial services firm that caters to doctors, dentists, veterinarians and podiatrists has acquired a tax and accounting firm in California.

KNAV Advisory added Aventus Partners, strengthening its U.K. operations and continuing its international expansion strategy.

Mid-level managers feel squeezed from both ends, according to the 2024 CPA Career Satisfaction Survey.

New staff presentation videos aim to help firms implement the four components of QC 1000, 'A Firm's System of Quality Control.'

A Social Security floor-offset design, utilizing a sovereign wealth fund, could help alleviate current and future funding obligations.

The Financial Accounting Foundation released its annual report, offering an overview of its activities in 2024, and at the two standard-setters it oversees.

The number of accounting-related securities class-action filings increased slightly in 2024, but were filed against smaller companies, according to a new report.

The federal government's financial condition worsened by $4.7 trillion in the past year, according to a new report.

The bill, backed by the AICPA, would enable K-12 STEM funding to be used for accounting awareness and education and eventually help with the talent shortage.

Ohio's new law providing an alternative path to a CPA license has taken effect after 90 days and enables out-of-state CPAs to practice in the Buckeye State.

Plus, the Illinois CPA Society's charitable arm names its board of directors, and other firm and personnel news from across the profession.

The California Society of CPAs and the National Association of Black Accountants are helping the entertainment community, businesses and homeowners recover.