Category: NYT Accounting News

Deloitte will partially refund the Australian government for an advisory report containing inaccuracies introduced by one of its AI models.

The expiration of premium tax credits for health insurance could lead to hundreds of thousands of job losses and billions in reductions to state revenues.

The Institute of Internal Auditors has set up a Global Audit Committee Center in Washington, D.C., to provide a global hub for strengthening audit committees.

The adoption of artificial intelligence technology in audit functions is on the rise, increasing from 8% to 21% in only one year, according to a new report.

Brandon Johnson wants to close nearly half of next year’s $1.19 billion deficit with new or higher taxes on large corporations, big tech companies and the rich.

Wolters Kluwer announced the launch of “Expert AI,” which will be woven throughout its CCH Axcess product, its capacities now integrated across tax, audit, and firm management workflows.

Some kind of increase seems on the cards as the Empire State braces for billions in federal cuts to health and food aid.

This marks the Big Four firm’s fourth layoff in three years.

The Trump administration’s tax bill has created the opportunity to deduct domestic R&E expenses

The Public Company Accounting Oversight Board found that 29% of companies with major restatements reported an auditor change in the year preceding the restatement.