Accounting

States are looking to add new pathways to CPA licensure, beyond the 150-credit requirement, amid an ongoing labor shortage.

The International Auditing and Assurance Standards Board released a revised standard on how auditors should evaluate a business's prospects as a going concern.

The Iowa Legislature passed a bill creating an additional pathway to CPA licensure.

Legislation providing two pathways to a CPA license unanimously passed both chambers in the Georgia General Assembly and is awaiting the governor's signature.

Michael Saylor's Strategy and fellow corporate buyers of Bitcoin are being made to recognize the unrealized changes.

Employment rose by a stronger than expected 228,000 jobs in March, although unemployment inched up to 4.2%, the U.S. Bureau of Labor Statistics reported.

If you think true financial planning is all about investments and annual returns, think again.

Private sector employment grew by 155,000 jobs in March as annual pay increased an average of 4.6% year to year, payroll provider ADP reported.

A landmark research study by GASB has provided one of the most detailed examinations to date of how state and local governments in the U.S. use GAAP.

The department-store operator tied executives' cash bonuses to an earnings metric that turned out to be overstated by around $81 million in 2023.

Intuit announced improvements to its Intuit Enterprise Suite product centered around workflow automation and data analytics and payroll.

The Financial Accounting Standards Board released a paper on how to apply its revenue recognition standard to construction contracts with retainage provisions.

Hourly earnings and job growth for workers in small businesses remained mostly unchanged last month, according to payroll provider Paychex.

The Public Company Accounting Oversight Board was active with enforcements in 2024, but President Trump's deregulatory attitude stands to change what's next.

The board is mulling changes in its auditor independence standards for audits of collective investment schemes involving connected parties and pension funds.

The Governmental Accounting Standards Board made some preliminary proposals on accounting for severe financial stress and probable dissolution disclosures.

The institute's Accounting and Review Services Committee clarified a standard on financial statement prep that has major ramifications for CAS practices.

Due diligence and caution are important when evaluating investment opportunities and business plans that are being pitched.

The Securities and Exchange Commission voted to end its defense of the climate-related disclosure rule it approved last year under the Biden administration.

The reasons why accounting is a fascinating major go beyond mere security. Within the field, a transformation is underway.