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Less than one-third of audit team leaders surveyed have access to the talent they need to fuel AI and machine learning solutions. Leaders are trying a variety of approaches to bridge the gap.

When does doing a little work on vacation turn into a stay that piques the interest of local tax authorities? And does a U.K. company, for example, face tax complications abroad if they have staff and key decision makers are dotted across Europe working remotely?

The CEO of White Knight Labs discusses how CFOs can assess and address the unique cybersecurity threats posed by remote workers and the cloud.

The Federal Accounting Standards Advisory Board (FASAB) on Friday issued Technical Bulletin 2023-1, Intragovernmental Leasehold Reimbursable Work Agreements, which is intended to further explain and address accounting issues not directly covered under Statement of Federal Financial Accounting Standards 54, Leases, and other relevant statements.

In the face of staffing shortages and capacity crunches, accounting firms of all sizes are culling their client work, according to a recent report.

The IRS should spend more of its $80 billion appropriation over 10 years on taxpayer services and business systems modernization and less on enforcement and operations, National Taxpayer Advocate Erin Collins said Thursday in a blog post.

Towns say it’s time to curb benefits for new municipal employees. Unions say this would trigger staffing crisis

The past few years have given us a deep appreciation for how quickly the unexpected can upend our assumptions. And there's no question that uncertainty — around everything from inflation and macroeconomic volatility to geopolitical tensions and regulatory shifts — has dominated discussions at organizations in all industries and regions.

Alongside a majority positive outlook, nearly all CFOs are preparing for at least a mild recession, according to a Deloitte survey.

The Financial Accounting Standards Board (FASB) today published a proposed Accounting Standards Update (ASU) that addresses requests for improved income tax disclosures from investors, lenders, creditors, and other allocators of capital (collectively, “investors”) that use the financial statements to make capital allocation decisions.

The AICPA Professional Ethics Executive Committee (PEEC) released for public comment two exposure drafts to align the Code of Professional Conduct with international standards and to clarify members' ethical responsibilities when allowable collaboration for CPE crosses the line into cheating.

The SEC set its focus on cybersecurity on Wednesday, proposing new rules and expanding the scope of existing rules.

Accounting, a profession focused on numbers, is vexed by this one: the 150 college credit hours required to become a certified public accountant.

After a lengthy hearing referred to by one lawmaker as a “love-fest,” the Executive and Legislative Nominations Committee voted Tuesday to approve Bryan Cafferelli’s nomination to serve as Connecticut’s next consumer protection commissioner.

Since its inception, the Employee Retention Credit has been both a boon to employers and a cautionary risk for preparers.

As accounting firms are increasingly targeted for cyber attacks, cybersecurity has become essential for any professional. Between data breaches, phishing attacks and malware, criminals are increasingly going after the sensitive financial data held by accountants. The modern accountant, then, must take their cyber defenses seriously for the sake of themselves and their clients.

Exasperated practitoners are being kept awake at night due to work pressures, according to a recent survey from AVN.

Danny Werfel began work today as the 50th commissioner of the Internal Revenue Service.

The accounting profession is confronted with a talent shortage, and reinstating CPA exam credits that have expired since January 1, 2020, could have an immediate impact on our CPA pipeline.

With cyberattacks becoming more frequent, now is the time for CFOs to shore up their cybersecurity programs and strategies.