A proposed NYSE rule change would let newly listed companies wait five years before establishing an internal audit function.
Category: NYT Accounting News
In the blogs: Second fastest-growing app in history
Disaster-related tax relief; Montana loophole; sales tax triggers; and other highlights from our favorite tax bloggers.
Proposed IRS, Treasury rules for Trump accounts take a ‘prescriptive’ approach
The proposed investment rules for Section 530A accounts, also known as Trump accounts, limit choices, and advisors say that could make decisions easier.
M&A roundup: Hot start to September
Acquisitions by Carr, Riggs & Ingram, Ascend, Nichols Cauley and more.
Small business employees clocked more hours in August
Employees are working more hours per week at small businesses but are only seeing modest pay gains, according to a Paychex report.
EY rewards employees’ human skills with $100M
Ernst & Young is investing $100 million to provide bonuses and incentives to its U.S. professionals who develop future-focused skills, especially the human kind.
AICPA weighs PE and tech impact on audit independence
Christina Ho, a former member of the PCAOB and now at Oath Verified, believes the AICPA should be hearing more from tech companies as auditing standards evolve.
Springline expands into Wisconsin
Top 75 Firm Springline Advisory acquired advisory firm Vesta, marking its expansion into Wisconsin.
Four state societies form professional learning tech company
The Florida Institute of CPAs, Georgia Society of CPAs, Montana Society of CPAs and South Carolina Association of CPAs collaborated to form Five Storm Systems.
IRS tax revenue reached record high but enforcement fell
Taxpayers paid the IRS $5.3 trillion in fiscal year 2025, up 13.2% from fiscal year 2023 and the highest amount ever, without adjusting for inflation.