Ernst & Young released its 2026 U.S. audit quality report, showing the biggest improvement ever in its annual PCAOB inspection findings.
Day: September 24, 2026
IRS lengthy case backlog frustrates identity theft victims
Taxpayers waited about 20 months for the IRS to process their identity theft cases in recent years, frustrating and burdening taxpayers expecting tax refunds.
Why advisors are rethinking entity structures for clients — and maybe themselves
Recent tax law changes are prompting businesses to rethink entity structures. Here’s what financial advisors need to know when guiding clients or making decisions about their own RIAs.
GASB offers guidance on financial reporting improvements
The Governmental Accounting Standards Board released an implementation guide with questions and answers clarifying the requirements related to subsidies.
Why autonomous finance won’t be built alone
Every journal entry, reconciliation and audit trail must be accurate, explainable and defensible. AI doesn’t lower that bar; it raises the stakes for meeting it.