Investors place strong trust in public company audits as a check on the financial statements issued by companies, but auditor independence remains a focus.
Category: NYT Accounting News
Kaufman Rossin elects next CEO
The Top 100 Firm elected Marc Feigelson as its next chief executive, following the retirement of Blain Heckaman.
Back to the future: Revisiting a blockbuster AI prediction
New data shines a light on some of the uncertainty that exists out there among accountants when it comes to agentic AI.
Private sector added 63K jobs in February
The professional and business services sector, which includes accounting and tax preparation along with other services, lost 30,000 jobs, ADP reported.
West Virginia, Nebraska adopt licensure changes
West Virginia and Nebraska are the latest states to implement legislation creating alternative pathways to CPA licensure.
SEC and PCAOB enforcement fall sharply
Enforcement activity against accounting and auditing firms declined sharply last year under the second Trump administration, according to two new reports.
In the blogs: Slice, slice, baby
New tax changes; love it or hate it; tax spirit animal; and other highlights from our favorite tax bloggers.
AICPA Auditing Standards Board plans future projects
The American Institute of CPAs’ Auditing Standards Board posted a work plan for 2026 through 2027 and a five-year strategic plan for 2026 through 2030.
Small businesses raised pay slightly in February
Minimum wage increases in some states and localities helped boost payrolls a small amount in February at small businesses, according to Paychex.
Nevada implements licensure changes
The Nevada legislature passed a regulation to create an additional pathway to CPA licensure, effective as of Feb. 27, 2026.