Accounting News

Starting with AI, a number of new developments is making the professional landscape feel stranger than ever.

Investors mostly favor the continued use of quarterly reporting and rejected the SEC’s recent proposal for a semiannual reporting option, according to a survey.

Before you jump into the offshoring pool, or if you’ve recently jumped in, set up benchmarks to track your progress and look for areas to

The traditional spreadsheet model of financial planning is officially broken. It did not break quietly, and it was not broken by a single event.

Plus, KPMG names new int’l leaders; a new director of enforcement at the PCAOB; and other firm and personnel news from across the profession.

Firms are sourcing new solutions from field staff to expand their tools and upskill their professionals. But they aren’t just throwing together programs and calling

The Electronic Tax Administration Advisory Committee report calls for sustained IRS funding, human-centered design, fraud prevention and preparer regulation.

Disbarred lawyer; frozen bank accounts; bridal shop scam; and other highlights of recent tax cases.

The Internal Revenue Service and the Treasury Department plan to issue proposed regulations for qualified opportunity zones under the TCJA and the OBBBA.

Here’s why every AI-powered tax initiative starts with a document problem — and what to do about it.

Professionals are not only overwhelmed because they work long hours, but because they operate within unstable systems.

Between now and July 6, companies have a narrow time limit to retroactively recover research and development tax deductions from up to the previous three

The Mid-Atlantic Regional Leader acquired Minneapolis-based Altair Associates, marking its first acquisition and significantly expanding its insurance practice.

The Financial Accounting Standards Board posted a proposed accounting standards update to improve interest rate risk hedging and net investment hedging accounting guidance.

The tool, called the Enterprise Attractiveness Score, evaluates 10 dimensions similar to what PE due diligence teams consider when putting a price on a firm.