The Governmental Accounting Standards Board set the effective date for the GASB 87 leases standard at June 15, 2021, after pushing it back by 18 months during the pandemic, but many state and local governments are apparently behind on implementing it.

Experts in auditing imagine the ways this core service of the profession will be radically different in a decade.

Information security and digital assets are among the priorities named by the commission’s Division of Examinations for 2022.

The NTA issued a directive calling on the service to implement scanning technology as a way to reduce the backlog of unprocessed tax returns by 2023.

The eternal progress in technology empowers both fraudsters and those who are looking to catch them.

Ronin, a video game-linked blockchain network, said hackers stole about $600 million worth of cryptocurrencies, one of the largest of such heists in history.

One of the most interesting, yet overlooked aspects of digital transformation is the way in which it changes the shape of data available to auditing professionals.

Blockchain-based decentralized autonomous organizations are already here, and they raise a host of tax and accounting issues.

The U.S. Federal Trade Commission has filed suit accusing TurboTax of overstating just how free its free filing options are, though Intuit denies the charge and said it will fight the case.

The studio lets users develop apps that can build integrations between the company’s compliance platform and customers’ business applications.

Xero deepens ties to Hispanic and Latino communities; the IFRS Foundation is looking for tech-savvy accountants; and more accounting technology news from the past week.

SOX compliance risks are multitudinous and may present themselves across all aspects of the corporate financial process, including month-end reconciliation.

A report from the PCAOB finds that audit committees are neither bearish nor bullish on technology, reporting great enthusiasm for it, while remaining wary of risks.

Computer programming errors, which the Treasury Inspector General for Tax Administration had previously warned them about, led to more than 60,000 erroneous stimulus payments.

Accountants live and work in a world that’s changing and evolving at record pace. To stay relevant, you must learn, grow and adapt.

The cloud accounting software developer announced new collaborations with the Association of Latino Professionals For America, the United States Hispanic Chamber of Commerce and Negozee to meet the rising number of Latino-owned businesses across the country.

The New England Regional Leader announced a new partnership with IT consulting firm GraVoc to provide advanced cybersecurity services to clients.

Finance executives are planning major technology investments, but are concerned they lack the staff to properly capitalize on them, according to a recent study.

The inspector general urged the IRS to make changes to its computer-coding system after identifying multiple control weaknesses in processing claims.

A Tipalti study says there are too many manual processes; Wolters Kluwer announces a new partnership for cryptocurrency; and other tech news for accountants.