Accounting Today
- IESBA eyes auditor independence rules for investments March 31, 2025The board is mulling changes in its auditor independence standards for audits of collective investment schemes involving connected parties and pension funds.
- IRS cuts more jobs as union sues over Trump labor order March 31, 2025The Internal Revenue Service has placed 50 senior IT leaders on administrative leave, as the union filed suit over a Trump order on collective bargaining.
- PCAOB sees improvements in largest audit firms March 31, 2025The Public Company Accounting Oversight Board's inspection staff found noticeable improvements in the deficiency rates of the six largest global auditing firms.
- GASB mulls disclosures on severe financial stress and probable dissolution March 31, 2025The Governmental Accounting Standards Board made some preliminary proposals on accounting for severe financial stress and probable dissolution disclosures.
- AICPA clarification marks 'sea change' for CAS March 31, 2025The institute's Accounting and Review Services Committee clarified a standard on financial statement prep that has major ramifications for CAS practices.
- Art of Accounting: What potential investors must have March 31, 2025Due diligence and caution are important when evaluating investment opportunities and business plans that are being pitched.
- Slow US tax collections spark angst about debt ceiling X-date March 31, 2025Tax collection projections are down. Refunds are up. That's a formula that could dampen U.S. government revenue.
- The litigator's lens: A new perspective on audit risk management March 31, 2025Even when auditors follow all the standards and perform a high-quality audit, they can still be sued.
- Sourcetable heralds "self-driving" spreadsheet March 31, 2025Spreadsheet provider Sourcetable launched a "self-driving" spreadsheet that allows users to tell the spreadsheet what they want through natural language commands.
- IRS leverages banking data for criminal investigations March 28, 2025The Internal Revenue Service's Criminal Investigation unit has a new initiative for engaging with financial institutions to uncover tax and financial fraud.