Accounting

The American Institute of CPAs teamed up with the National Association of State Auditors, Comptrollers and Treasurers on a joint report calling attention to the urgent need for accountants in state and local governments.

The Financial Accounting Standards Board has decided to tweak some of its standards related to contract assets and liabilities for construction contractors.

The International Public Sector Accounting Standards Board issued its updated five-year strategy and work program.

The IRS is reminding tax pros to register for or renew their professional ID number by Dec. 31.

The Governmental Accounting Standards Board's Statement No. 104 requires separate disclosures for certain types of capital assets.

The PCAOB's aggressive enforcement agenda overshadows the profession's achievements.

The commission is focused on accounting errors the railroad had previously disclosed and certain non-financial performance metrics. 

The Allinial Global president and CEO will be succeeding longtime chief Barry Melancon, who is retiring at the end of this year.

If you don't report, you can't measure what was successful, and — equally as important — what wasn't.

Allowing for regulatory approvals and other hurdles, the two firms hope to become a single firm by the end of 2025.