Accounting

Ohio Governor Mike DeWine signed into law a bill that provides more flexibility for obtaining a CPA license, effectively eliminating the 150-hour requirement.

Laura Hay will succeed Scott Wiley as president and CEO of the Ohio Society of CPAs. She will be the first woman and first CPA to lead the organization.

Vince McMahon is alleged to have hidden hush-money settlements to a former employee and company contractor, leading to incorrect financial statements in 2018 and 2021.

A federal court has issued another injunction halting enforcement of the Corporate Transparency Act and its BOI reporting requirement.

The Financial Accounting Foundation is looking for candidates for several leadership roles, including FAF executive director.

Continuing talent challenges, increasingly dangerous cyberthreats, a renewed focus on ROI and the rise of AI will permanently change the way CFOs work.

Annual pay grew 4.6% year over year as private sector employers added 122,000 jobs in December, payroll giant ADP reported.

Job growth and hourly earnings growth moderated in the latter part of 2024, according to the payroll processor Paychex.

F&A has evolved from a number-crunching function to a strategic and consultative one, safeguarding assets, streamlining operations and influencing future growth.

The change would come as part of the first big amendments to Circular 230 since 2014.

The Public Company Accounting Oversight Board ramped up enforcement, modernized standards, enhanced inspections and expanded engagement in 2024.

Readers weigh in on recent articles, and the major trends impacting the profession.

Auditing firms are asking the SEC to reject the Public Company Accounting Oversight Board's recent standards on firm and engagement metrics and firm reporting.

The Financial Accounting Standards Board released an update to clarify the interim effective date of its standard on disaggregation of income statement expenses for non-calendar year-end companies.

If accounting is to survive as a viable career path, universities and business schools must adopt a more proactive stance.

The Financial Accounting Standards Board published an Invitation to Comment and asked stakeholders for feedback on its future standard-setting agenda.

The combination brings together two members of the Grant Thornton International network.

The CFO role is becoming an increasingly vital position within corporations, with many now seeing it as a stepping stone to the CEO position.

Carvana was accused by short-seller Hindenburg Research of impropriety in a report alleging the auto retailer's subprime loan portfolio carries substantial risk.