The Governmental Accounting Standards Board plans to allow accountants time to adjust to its existing standards before burdening them with new standards in 2029.
Day: October 19, 2026
New AI assurance certification combines SOC 2, AIUC-1
The AICPA and AIUC announced a joint assurance certification combining their examination processes into a single independent review of AI safety and effectiveness.
IRS finalizes rules for paying taxes via credit and debit cards
The final regulations allow the IRS to directly accept payments of tax by credit or debit card, without connecting taxpayers to third-party payment processors.
HBK grows in New Jersey
Hill, Barth & King acquired The Curchin Group, effective as of Oct.16, expanding the Top 50 Firm’s Northeast footprint.
PwC grows 2026 global revenue to $60.2B
The Big Four Firm reported that its global revenue reached $60.2 billion, up 5.7% from the prior fiscal year.