Accounting

A draft report from Deloitte raised questions about transactions by Pro-Gest and its owners, including money allegedly spent on a yacht and a winery.

FASB regulations requiring companies to record digital assets at fair value go into effect this year, but earlier adoption is permitted.

Financial executives are eyeing economic uncertainty and market volatility as they look ahead this year, according to a new report.

The administration fired an opening shot in an upcoming constitutional fight over his ability to unilaterally halt spending approved by Congress.

Fewer CFOs expect to give out pay increases to employees in 2025 and the raises are likely to be smaller, according to a new survey from Gartner.

The International Auditing and Assurance Standards Board and the International Ethics Standards Board for Accountants launched their sustainability standards.

The Securities and Exchange Commission has rescinded a Staff Accounting Bulletin on safeguarding cryptocurrency assets that had been criticized by the industry and even by some of its own commissioners.

The Supreme Court stayed an injunction on the CTA and its beneficial ownership information requirement, but it remains on hold due to a separate injunction.

These institutions serve as examples of how academic structure, focused preparation and student support can help graduates successfully navigate the CPA exam.

The Financial Accounting Standards Board released a proposed ASU containing a set of targeted improvements to the FASB Accounting Standards Codification.

President Trump named Mark Uyeda, a Republican member of the SEC, as acting chairman as confirmation hearings await for Paul Atkins to succeed Gary Gensler.

Accountants and other financial professionals in the U.S. are showing more signs of confidence in the economy, but optimism is waning elsewhere.

KPMG US set up a subsidiary that has filed an application in Arizona to establish a law firm in the state, with hopes of going national.

The Securities and Exchange Commission settled charges against the California-based e-commerce food distributor for overstating revenue to Series D investors.

Gambling operators have attracted increasing regulatory scrutiny in the U.K. in recent years, leading to significant fines.

Natasha Kosnac, chief audit officer of Unite Here, recently succeeded Peter Frank as president of the Accountants Club of America and she has plans for expanding the longtime club.

The International Ethics Sustainability Board for Accountants said its Global Ethics Sustainability Standards have been certified by the PIOB and IOSCO.

The Public Company Accounting Oversight Board released a staff publication highlighting problems it's seeing with audits of journal entries.

Sen. Tommy Tuberville and Rep. Warren Davidson reintroduced legislation to repeal the Corporate Transparency Act and its beneficial ownership information reporting.

The Institute of Internal Auditors announced that its Global Internal Audit Standards officially became effective on Jan. 9.