The Public Company Accounting Oversight Board also permanently barred a sole practitioner in New York.

A recently introduced bill would, if passed, require the IRS to add scannable bar codes to electronically prepared paper returns, to encourage process efficiency.

The Global Reporting Initiative published a major update to its standard for disclosing impacts on plant and animal species.

Global fee income for accounting and audit services increased 15% to $3.6 billion, while RSM's tax revenues jumped 17% to $2.6 billion.

The Federal Trade Commission issued an order forbidding Intuit from describing its TurboTax software as free in any of its promotional materials unless the product is free for everyone.

The Institute of Management Accountants is aiming to help businesses find more accounting talent in 2024, as demand for young people to succeed retiring accountants continues to grow, and organizations look for ways to incorporate artificial intelligence and sustainability into their operations.

The fast-growing international network formed by former partners from Arthur Andersen has expanded to San Diego.

Economic confidence among accountants in North America rebounded dramatically in the fourth quarter of 2023, but that didn't happen in most other parts of the world.

Citrin Cooperman, a Top 25 Firm in New York, has acquired Mibar, a business software consulting firm also located in New York.

A Dallas-based private equity firm is looking to expand its presence in the accounting sector in partnership with a Kansas-based firm it invested in last year.