Category: NYT Accounting News

U.S. and South African accounting organizations extended a mutual recognition agreement through mid-2031, allowing accountants to practice in both countries.

Ignite Financial Close Companion, developed in cooperation with Google and HR platform Workday, assists with the month-end closing process.

The International Sustainability Standards Board decided during a meeting on Earth Day that it will propose a set of requirements for nature-related disclosures in the form of an IFRS Practice Statement.

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The House Financial Services Committee voted to advance legislation that would effectively repeal the Corporate Transparency Act and its beneficial ownership information reporting requirements.

It’s not that we don’t have enough petroleum in our pipelines, it’s that we don’t have a high enough octane to perform what we need it to do.

Most magical place; Amazon warehouses; paper or plastic; and other highlights from our favorite tax bloggers.

The Governmental Accounting Standards Board debuted a series of videos to help officials understand the information included in government financial reports.

A judge ruled the IRS can’t classify micro-captive insurance as a listed transaction, but allowed classifying it as a “transaction of interest.”

While the specific impacts are still being determined, professional liability insurers that cover CPA firms increasingly are coming to a consensus that AI is a source of risk that must be controlled by strong governance.