Plus, H&R Block releases Direct Import to move data from TurboTax; and other accounting technology news.

Bribe payments by the oil-trading giant were facilitated by an accounting system that allowed employees to skirt internal controls.

Tax solutions provider Avalara announced updates to its partner program.

ADP announced the launch of ADP Assist, a generative AI assistant.

Republican attorneys general from 13 states have signed a letter denouncing the IRS pilot of a Direct File system, calling efforts unconstitutional.

From digitalization and consultancy to Bitcoin and cryptocurrency, 2024 is set to be a year of growth and possibility.

The technology company is the subject of an inquiry into a glitch in its Horizon accounting software that led to the wrongful accusations of theft, fraud or false accounting against more than 900 sub-postmasters in the U.K.

Top 25 firm Armanino released Audit Ally, a SOC 2 examination tool.

A recent survey has found that, despite an increasingly data-driven business world, 42% of finance leaders don't completely trust data from their own organizations.

Accounting firms are starting to dive headfirst into artificial intelligence.

The business landscape is increasingly driven by digital transformation, making the relationship between these two leaders more critical than ever.

Without breaking the bank, small and midsized firms can make smart investments to adopt AI and tailor it for specific uses.

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

Plus, Prismatic launches multi-entity business solution with blockchain-like technology; and other accounting technology updates.

As nonprofits work to combat the accounting and staff shortage, finding ways to increase efficiency is a top focus.

The Internal Revenue Service showed off its upcoming Direct File free tax preparation service ahead of its pilot test in a dozen states starting in March.

The Treasury Inspector General for Tax Administration faulted the IRS's cloud computing governance, saying it outright cannot find certain contracts.

Recent research from the Federal Reserve Bank of San Francisco says that working from home has little relationship with productivity, either positive or negative.

A client resource hub is a dedicated section of your website that serves as an easy-to-skim central repository of information for your clients.

The Financial Accounting Foundation has overhauled the website for the Financial Accounting Standards Board, with new websites in the works for the Governmental Accounting Standards Board and the FAF itself in the weeks ahead.