FASB published a proposed Accounting Standards Update on debt exchange transactions involving multiple creditors.

Rev. Proc. 2025-19 also includes the revised maximum amount that may be made newly available for excepted-benefit health reimbursement arrangements.

Sarah Flischel, CPA, worked as an auditor for 13½ years and consistently battled burnout. Her job required her to be immersed ...

Faked, live video and audio of executives can fool employees and cost companies millions, but accountants can take steps to ...

Recruitment fraud (using résumés, employment records, and so on) can be a particularly rich source of information and allow ...

Almost three-fourths of CFOs have a negative view of the current economy and its impact on their organization, according to a ...

Faked, live video and audio of executives can fool employees and cost companies millions, but accountants can take steps to ...

The comments are in response to Notice 2025-04, which announced plans for the simplified and streamlined approach as a new ...

Survey shows that students’ positivity toward accounting as a career choice is on the rise. In the pursuit of talent, that presents an opportunity for the profession tied to successfully connecting ...

In the event of a malpractice claim or a regulatory inquiry, you may need to produce working papers to support your defense.

(the home sale gain exclusion). With the recent surge in housing prices, more taxpayers will exceed the exclusion’s applicable limit and realize taxable gains when they sell their home. This article ...

In a report released last June, the Treasury Inspector General for Tax Administration addressed how the IRS could improve its outreach to underserved communities.