Accounting
Chicago mayor’s ‘mansion tax’ back on ballot after court ruling
A contentious measure proposed by Chicago Mayor Brandon Johnson to increase taxes on real estate transactions of $1 million or...
The rise of the billion-dollar accounting firms
For most of the history of modern accounting, you could count the number of billion-dollar CPA firms on the fingers...
SEC approves watered down climate disclosure rule
A divided Securities and Exchange Commission voted three to two Wednesday to approve a new rule that would require companies...
One third of enterprise software projects have time, cost overruns says report
While the majority of organizations report completing enterprise software projects on time and on budget, a significant portion still experiences...
IRS issues new regs for manufacturing investment, clean energy credits
The Treasury and the Internal Revenue Service have released final regulations guidance for choosing the elective payment for the advanced manufacturing...
Intuit, H&R Block tax AIs critiqued on accuracy of answers, many inaccurate
The rollout of generative AI for taxpayer assistance has been a little rocky this season as some have raised concerns...
Why FASB guidance on digital assets encourages crypto adoption
Historically, accounting for digital assets has been an incredibly challenging and time-consuming process for businesses. Some companies have been reluctant...
SEC scales back new pollution-disclosure rules for companies
The Securities and Exchange Commission will force companies to disclose their greenhouse gas emissions for the first time, but watered...
New Dext GM Rachel Fisch plans to expand North American footprint
Rachel Fisch, the new North America general manager for accounting automation solutions provider Dext, said accountants should soon expect to...
PCAOB bars Colorado firm Gries & Associates from doing audits
The Public Company Accounting Oversight Board revoked the registration of Gries & Associates and the Denver-based firm's founder, Blaze Gries,...
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