Accounting, tax, auditing news

LATEST NEWS

FASAB announces new chair, new board structure

Terry K. Patton, CPA, takes over the leadership position on the Federal Accounting Standards Advisory Board; FASAB appoints two new board members while reducing board membership from nine to seven.

Executive turnover slows, but AI strategy remains unclear

Expansion gives millions of entities access to business tax accounts

IRS tapped Inflation Reduction Act funds to cover 2025 filing season, watchdog says

Americans’ financial optimism edges higher, but worries remain

SEC accepting Professional Accounting Fellow applications

PCAOB seeks comment on strategic priorities

FEATURED ARTICLE

SOC engagements: Ethics risks with tool providers

Learn how to use the AICPA Code of Professional Conduct and the standards for attestation engagements to address key ethics and independence threats with SOC tool providers, including conflicts of interest, advertising, referrals, and audit evidence.

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