Auditing firms are asking the Securities and Exchange Commission to reject the Public Company Accounting Oversight Board’s recently adopted standards on firm and engagement metrics and...
The Financial Accounting Standards Board released an accounting standards update Monday to clarify the interim effective date of its recently issued standard on disaggregation of income...
UHY, a Top 50 Firm based in Farmington Hills, Michigan, is expanding its presence in Michigan and Missouri by combining with two firms: Tama, Budaj &...
Enjoy complimentary access to top ideas and insights — selected by our editors. Public accounting offers many opportunities for growth, and the proof of this is...
Speaker Mike Johnson vowed that an ambitious bill addressing a range of President-elect Donald Trump’s priorities will be voted out of the U.S. House in April,...
In recent years, higher education has seen a marked decline in the number of students pursuing accounting degrees, a trend that raises concerns for the profession’s...
Depreciation is a cornerstone of financial accounting, playing a critical role in accurately representing an asset’s value over its useful life. Beyond its technical definition, depreciation...
One suspect in the two New Year’s Day incidents being probed as terror attacks was a former U.S. Army sergeant from Texas who recently worked for...
The Financial Accounting Standards Board today asked stakeholders for feedback on its future standard-setting agenda. The FASB published an Invitation to Comment and is requesting feedback...
The traditionally static field of auditing is on the edge of an industry-changing transformation, thanks to AI. As pattern-learning AI machines quickly incorporate themselves into industry...