Tax, accounting, auditing news - Journal of Accountancy

April 8, 2026

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.

April 7, 2026

Executive turnover slows, but AI strategy remains unclear

A global survey reveals that executives aren’t changing jobs nearly as often as they did a year ago, but many are seeking better internal support for strategic objectives built around artificial intelligence.

April 7, 2026

Expansion gives millions of entities access to business tax accounts

The IRS said Monday it is opening the online, self-service accounts to partnerships, Indian tribal governments, tax-exempt organizations, and federal, state, and local governments.

April 3, 2026

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

TIGTA found the IRS spent $4.8 billion in Inflation Reduction Act funds, which were intended to supplement its annual appropriation, on labor and IT to keep the 2025 tax season on track.

April 2, 2026

Americans’ financial optimism edges higher, but worries remain

As National Financial Literacy Month begins, an AICPA-commissioned survey highlights why many consumers need to refocus their financial decision-making.

April 1, 2026

SEC accepting Professional Accounting Fellow applications

The SEC’s Office of the Chief Accountant is accepting applications for positions that will begin this summer. The application deadline is April 22.

March 31, 2026

PCAOB seeks comment on strategic priorities

The PCAOB requested input on its strategic priorities, seeking the answers to seven questions in particular as it develops a new strategic plan.

March 27, 2026

IESBA to assess need for standards on alternative practice structures

The International Ethics Standards Board for Accountants will examine whether new standards are needed to address ethical considerations related to the prevalence of private-equity investment in the accounting profession — a topic already being addressed by the AICPA Professional Ethics Executive Committee.

March 25, 2026

IRS watchdog cites resource limits, duplication in partnership audits

The Treasury Inspector General for Tax Administration assessed a soft-letter initiative and the IRS’s examinations of 82 major U.S. partnerships.

March 25, 2026

How listening is shaping ‘incredible’ year for AICPA Chair Lexy Kessler

Kessler has shared plenty of perspective with members and students around the globe, and the perspective she has gained from them in return has highlighted her year of service.

March 24, 2026

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.

March 20, 2026