Accounting
Corporate Transparency Act presents opportunity and risk for accounting firms
Accounting firms across the U.S. must prepare now to advise their clients and be ready to handle the most significant...
Companies shifting disclosures in response to new SEC cybersecurity rules
New cybersecurity rules recently approved by the Securities and Exchange Commission are already having their effect on corporate disclosures. The...
Gemini, DCG sued by NY for alleged $1.1B crypto fraud
Gemini Trust Co. and Barry Silbert's Digital Currency Group were sued by New York's top law-enforcement officer for allegedly defrauding...
The mystery of FTX’s missing $9B is unraveled at SBF trial
A forensic accountant at the trial of Sam Bankman-Fried tried to explain what happened to $9 billion in FTX customer...
IRS offers process for withdrawing bogus ERC claims
The Internal Revenue Service is giving employers a way to rescind inaccurate claims for the Employee Retention Credit if they've...
IRS questions security of planned taxpayer identity verification system
The Internal Revenue Service has faced challenges in transitioning the system it uses for authenticating the identities of taxpayers and...
ACCA warns accountants to beware of ethical dilemmas in sustainability reporting
The Association of Chartered Certified Accountants is cautioning accountants about the risk of greenwashing when reporting on a company's environmental...
Right Networks changes name to Rightworks
Right Networks, an accounting-centered cloud solutions provider, announced it has changed its name to Rightworks and has launched new products...
Generative AI use growing for both business and consumers
Recent polls have shown that generative AI use has not abated since first exploding on the scene in late 2022...
How intelligent automation is driving a digital accounting and finance revolution
Accounting and finance functions used to be more siloed, but now they are called on to leverage their expertise across...
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