Accounting
Firms with AI report higher per-employee revenue vs others
Firms that use AI have higher revenue per employee than firms that do not. This is according to a survey from...
IAASB, ISSB offer guides for implementing standards
The International Auditing and Assurance Standards Board released a first-time implementation guide Thursday for the International Standard on Auditing for...
Trump pick for SEC chair faces conflict-of-interest scrutiny
Paul Atkins, President Donald Trump's pick to lead the Securities and Exchange Commission, faced an early political test over his...
PwC announces Agent OS for coordinating AI agents
Big Four firm PwC launched what it styles as an agentic AI operating system to streamline AI workflows and orchestrate...
Building the business case for DEI in accounting firms
There's a quiet unraveling happening. Diversity, equity and inclusion — once integral parts of modern accounting firm growth and sustainability...
Small biz sales growth under pressure in Fed survey
More small business owners reported a decline in sales last year than an increase, the first time that's been the...
IRS CI crack downs on COVID and ERTC fraud
The Internal Revenue Service's Criminal Investigation unit has launched 2,039 tax and money laundering cases related to COVID fraud over...
Taxpayers want Direct File, but relatively few have used it
The Internal Revenue Service's Direct File free tax prep program is attracting interest this tax season, according to a new...
Treasury publishes FinCEN rule narrowing CTA BOI reporting
The Treasury Department formally published an interim final rule Wednesday limiting the scope of the Corporate Transparency Act's beneficial ownership...
CFA Institute urges better accounting for intangible assets
The CFA Institute released a paper Wednesday urging the Financial Accounting Standards Board and the International Accounting Standards Board to...
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