By streamlining tasks such as risk assessment, control testing, and reporting, generative AI has the potential to increase efficiency across the entire SOX lifecycle.

Retail entrepreneur Christine Hunsicker resigned from CaaStle after the startup's board of directors alleged she misrepresented the company's performance.

Builder.ai lowered sales figures and hired auditors, a major setback for the artificial intelligence startup backed by Microsoft and the Qatar Investment Authority.

As the expiration of key Tax Cuts and Jobs Act provisions looms, tax pros are preparing for what could be another period of upheaval.

The Securities and Exchange Commission voted to end its defense of the climate-related disclosure rule it approved last year under the Biden administration.

Fiscal conservatives in the party want steep spending cuts to help offset the multitrillion-dollar tax-cut package.

The International Auditing and Assurance Standards Board and the International Sustainability Standards Board provided help with adopting their standards.

Paul Atkins deflected questions on whether the Public Company Accounting Oversight Board should be scrapped, saying it was up to Congress.

The move comes after ADM adjusted years of financial results due to errors in the way it reported transactions between business units.

Republican leaders say they are closer to a plan to extend the 2017 tax cuts and increase the debt ceiling.

Taxpayers that suffer a smaller loss might not have the sophistication to know that they could be entitled to take a theft loss deduction, warns one expert.

The institute is asking the Treasury and the Internal Revenue Service for greater clarity in their proposed regulations for the SECURE 2.0 Act of 2022.

House and Senate Republicans are battling over the size of spending cuts to be paired with a giant tax cut coming later this year.

Congressional Republicans returning to Washington on Monday will tackle their toughest test yet, negotiating a massive tax bill package.

After accounting issues arose at Autodesk, Starboard has pressured the board to reevaluate the performance of CEO Andrew Anagnost.

While Congress and the Trump administration seem to want major tax legislation this year, it looks like it is going to be a very difficult process.

President Trump's nominee to lead the commission has yet to be confirmed, but the sweeping changes from his temporary stand-in are starting to pile up.

Compliance professionals working to prevent financial crimes are losing their faith in AI to solve more problems than it causes.

The American Institute of CPAs submitted a set of legislative priorities in a letter to congressional leaders, suggesting possible changes to the tax rules.

KPMG LLP has taken a significant step by launching KPMG Law US, marking a milestone as the first law firm owned by a Big Four firm to serve the U.S. market.