Accounting Today
- IFAC opens doors to accounting profession with new principles October 20, 2025The International Federation of Accountants has released a set of principles with the goal of widening access to the accounting profession.
- AICPA pushes to designate accounting as STEM program October 20, 2025The American Institute of CPAs is continuing efforts to have accounting recognized as a Science, Technology, Engineering and Math program by the government.
- B&M CFO exits after material accounting error October 20, 2025B&M European Value Retail SA Chief Financial Officer Mike Schmidt announced he'll step down after the company cut its guidance again due to an accounting error.
- Anti-tax groups harden GOP's tough shutdown stance October 20, 2025Influential conservative groups with deep pockets are pushing Republicans to demand steep concessions from Democrats in exchange for extending health care subsidies.
- Whistleblowers reach settlement with IRS, DOJ over Hunter Biden case October 17, 2025Gary Shapley and Joseph Ziegler reached settlements with the IRS and the Justice Department, and their lawsuit against Biden's attorney was dismissed by a judge.
- Game developers leverage R&D tax breaks October 17, 2025Video game developers are benefiting from research and development tax credits and recent changes in the rules for deducting R&D expenses.
- On the move: Citrin Cooperman names next CFO October 17, 2025IFAC announces new advisory group chairs; TSCPA helps proclaim November as Accounting Opportunities Month in Tennessee; and more news from across the profession.
- Tech news: Oracle announces new AI agent offerings October 17, 2025Plus, KPMG hails AI partnerships with Salesforce, Google; and other accounting technology news and updates.
- CPA Success Index is DOA: NASBA's data no longer holds up October 17, 2025While combing through the 2024 data, we found large numbers of candidate scores to be missing, and potentially classified to incorrect colleges or universities, or not reported at all.
- Billionaire governor Pritzker won $1.4M playing cards in Vegas October 17, 2025Tax returns released by his campaign show he made over $4.2 million in capital gains and took a $4.8 million deduction, paying taxes on $5.9 million in income.