The AICPA Peer Review Board approved changes that align with new quality management standards for firms’ accounting and auditing practices.

FASB published a proposed Accounting Standards Update (ASU) that is intended to improve the requirements for identifying the accounting acquirer in FASB ASC Topic 805, Business Combinations. The ASU ...

FASB published an Accounting Standards Update requiring public companies to disclose additional information about certain expenses in the notes to financial statements.

The regulations under Sec. 6335, which had not changed substantially since they were first issued in 1954, did not reflect modern electronic methods of submitting bids and accepting payment from ...

A study involving 390 students suggests a preference for using ChatGPT as a supplement to traditional resources, such as ...

To access Copilot in Outlook, click on the Copilot icon located on the left side of Outlook in the apps bar, as pictured in ...

The AICPA had requested that the Financial Crimes Enforcement Network extend reporting deadlines for beneficial ownership information for victims of hurricanes Beryl, Debby, Francine, Helene, and ...

Compensating student-athletes for their name, image, and likeness does not serve an exempt purpose, the IRS again rules.

Cathy Rowe, Senior Vice President and Segment Leader, U.S. Professional Market, Wolters Kluwer Tax & Accounting North America ...

While most energy-related credits apply to businesses, individual taxpayers can claim a tax credit based on energy-efficient ...

The losses occurred over an eight-month period ending in April, according to a report from the Treasury Inspector General for Tax Administration.