The IRS and Treasury proposed regulations implementing Sec. 36B premium tax credit changes enacted in H.R. 1, including new ...

A CPA who recently solved a 40-year-old math problem using AI believes that the “gold rush” to solve similar problems is ...

The board’s review of 2025 public company audit inspections revealed a significant decrease from 2024 in instances where an audit firm failed to obtain sufficient appropriate evidence to support its ...

With CFO responsibilities continuing to expand beyond finance, Janice Stucke, CPA, discussed the challenge of leading in areas where expertise and certainty aren’t guaranteed. Stucke, speaking at the ...

Proposed regulations governing employer contributions to Trump accounts are “administratively burdensome” and make a 2026 rollout potentially difficult, the AICPA said. A letter to the IRS and ...

A new practice aid covers the impact of organizations’ use of artificial intelligence in financial reporting and the impact ...

Once upon a time, in the early 2000s, cyberattacks were like ghost stories for the corporate world. They were chilling to hear about but easy to dismiss. That won’t happen to us. It’s overblown. There ...

The AICPA awarded its highest honors to a pioneering former chair and to a former head of the U.S. Government Accountability Office (GAO). Kimberly Ellison-Taylor, CPA/CITP, CGMA, was awarded the Gold ...

FASB is seeking feedback on a proposed Accounting Standards Update (ASU) aimed at addressing a diversity in practice observed when determining if payments should be accounted for as consideration ...

The IRS Office of Chief Counsel advised in a Chief Counsel Advice memorandum (CCA) that generally, for tax years 2018 through 2025, only transactions entered into for profit qualify as deductible ...

Firms that implemented a new quality management (QM) system early have had time to test the new approach, detect gaps, and improve what’s not working as well as they expected. Anders started to design ...