Accounting, tax, auditing news

LATEST NEWS

Audit report card: More internal audit teams suffered cuts in 2025

The percentage of internal audit leaders reporting staff and budget reductions in 2025 rivaled numbers during the global financial crisis nearly two decades ago. Strategic alignment was linked to sufficient funding for the function, an annual report showed.

AICPA seeks clarity on revamped paid family leave credit rules

IRS provides guidance on business interest limitation elections

Adequate identification relief extended through 2026

Private Company Council issues annual report

PEEC proposes revised definition of ‘attest engagement team’

AICPA pushes IRS to ease and expand first‑time abatement rules

FEATURED ARTICLE

How to develop your career and aim for the C-suite

The route to CFO or CEO involves calculated risks that take you beyond your comfort zone — a decision-making reputation and strategic networking can help, too.

Read the latest digital edition