Audit fees rose in 2014 compared with the previous year for SEC filers and private companies, according to a new report.
The IRS announced that taxpayers who live or have a business in the South Carolina counties that have been declared disaster areas will have extra time to file their returns and pay any taxes owed.
A recent proposal is designed to address challenges that federal government agencies have experienced in accounting for internal-use software.
Inspectors from the PCAOB have three general areas that they are examining closely in their inspections of registered auditors in 2015.
GASB has issued a proposed implementation guide that contains questions and answers that are designed to clarify, explain, or elaborate on recently issued standards for state and local government financial reporting.
FASB intends to improve the guidance on collectibility, noncash consideration, and completed contracts at transition in the new revenue recognition standard.
FASB issued new rules that are intended to simplify accounting for adjustments made to provisional amounts recognized in a business combination.
FASB issued two exposure drafts that address the use of materiality—an attempt to help organizations eliminate unnecessary disclosures in financial statements.
The IASB will propose temporary measures to address concerns about issues insurance companies are facing with implementation of the new financial instruments standard.
Competitive salaries, benefits and perks may not be enough to lure top accounting and finance job candidates during this time of intense competition for talent.
Millennials have confidence in some of the same areas as investors from other generations. But Millennials also have some different priorities and concerns.
The IRS issued per-diem rates for use in substantiating business expenses taxpayers incur while traveling away from home.
Finding and retaining high-quality workers is a major obstacle at U.S. businesses, according to the AICPA’s quarterly survey of high-ranking finance professionals in business and industry.
Charities will be allowed to file information returns instead of providing contemporaneous written acknowledgment of charitable donations under proposed regulations issued by the IRS.
The proposed grant of authority to the IRS to regulate all aspects of tax practice is overly broad, the AICPA said in a letter to the Senate Finance Committee.
Students may be overconfident about their ability to manage money, a new AICPA survey has found.
Proposed regulations under Sec. 2801 would impose a transfer tax on gifts or bequests from covered expatriates made on or after June 17, 2008.
Accounting and finance salaries in the United States are projected to grow 2.4% in 2016, according to a salary guide published this week, up from the 1.2% increase forecasted for 2015.
Starting salaries for U.S. accounting professionals are expected to rise between 4.0% and 5.3% in the coming year, according to a new salary guide from staffing services provider Robert Half.
Optimism among finance executives is down somewhat, with regulation and talent concerns continuing to top the list of challenges, according to a quarterly AICPA survey.