Category: NYT Accounting News

Over a million of tax-favored accounts are eligible for a $1,000 contribution by the government.

Basis announced the appointment of Kenji Kuramoto, founder of Acuity, which last year merged with thirteen other firms to form top 50 firm Sorren after he led it for 20 years, as its managing partner in residence.

Public Company Accounting Oversight Board chairman Demetrios Logothetis outlined the board’s strategic plans for the next five years, and asked for stakeholder input.

While AI controls are important, organizations should not pursue one-size-fits-all blanket applications, especially when differentiating between matters of governance versus technology.

The proposed cuts impact roughly 6% of the audit division’s 7,100 employees.

The Internal Revenue Service canceled contracts as part of the federal effort to reduce overall spending — but the effect it will have on taxpayer services is yet to be seen.

Staffing, career paths and a practical playbook can be applied to the new model.

Accounting firms that treat marketing and business development as administrative support will struggle to adapt in the future.

How accounting practices are valued has changed enormously — and is going to keep changing.

In a marathon deposition, Richard Kahn gave a picture of child trafficker Jeffrey Epstein’s finances and his operations to a House committee.