Economy

International Federation of Accountants CEO Fayezul Choudhury is bringing the influence of accountants to the fore to help solve problems around the world.

FASB recently proposed new guidance on nonprofit accounting for contributions and grants; in this podcast, AICPA associate director and nonprofit expert Chris Cole walks us through what it means.

The Public Company Accounting Oversight Board released a report Friday calling attention to high deficiencies among auditors of brokers and dealers.

Donald Trump said he’s disbanding two advisory groups of American business leaders, after CEOs quit this week as the president faced blowback for failing to sufficiently condemn white supremacists.

Business owners and entrepreneurs are sometimes notoriously closed off to advice from others, including from their own accountant.

The reductions might not do all that much to help the economy in 2018.

Many of the larger CPA firms have not delivered on the trusted business advisor promise. Nor will they in the foreseeable future.

Integrating the Work Opportunity Tax Credit into client tax return preparation for your CPA practice can add to the strength of your client relationships by helping optimize a client’s cash flow and expanding your understanding of the client’s business.

The countries aim to close loopholes that will affect Google, Apple, Facebook, Amazon and others.

President Steve Mankowski shares expansion plans, a new membership focus, and more.

The proposed ASU would apply to more than just nonprofit organizations.

The Justice Department has closed an investigation into how the driller accounts for oil and natural gas assets.

Private sector employers created 178,000 jobs last month, according to payroll giant ADP, with gains seen in all sizes of businesses and most industries, except manufacturing.

Accounting, tax preparation, bookkeeping and payroll services topped the list of most profitable industries over the past 12 months, according to the financial information company Sageworks.

Job growth at small businesses continued to slow down last month, although wages are rising, according to a new report from payroll giant Paychex.

For many, the biggest threat to their wealth is their relatives.

The Internal Revenue Service has been doing a better job of processing and reviewing claims for Small Business Health Care Tax Credits, according to a new report, though the number of small businesses claiming the Obamacare credit has declined precipitously.

Business confidence in the U.S. declined in the second quarter and is now at its lowest level since the fourth quarter of 2016, according to a new report from the Association of Chartered Certified Accountants and the Institute of Management Accountants based on a survey of accountants.