GASB proposes guidance on infrastructure
The Governmental Accounting Standards Board is looking for public comment on proposed guidance for reporting on infrastructure assets.
Locked into concentrated capital gains? Exchange funds could help
Exchange funds could help address some wealthy clients’ concentration risks and tax quandaries at the same time.
EisnerAmper to add valuation & forensic firm
The Top 25 Firm will acquire KLG Business Valuators & Forensic Accountants in a deal expected to close this May.
Internal audit’s role in guiding AI responsibly
The internal audit function can help the enterprise pursue innovation responsibly by encouraging the development of risk management early in the AI lifecycle.
MTD for Income Tax: your path to confident compliance
A new era has begun for the UK’s sole traders and landlords. The Making Tax Digital for Income Tax (MTD for IT) mandate has officially come into effect, starting with those that have a gross income over £50,000, meaning your path to tax compliance has officially become digital-first. We know that for many, the world …
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New wrinkles for accounting’s people problems
Leaders at Top 100 Firms have a host of new concerns about staffing, culture and succession.
NY lawmaker aims for SALT expansion
If Congress attempts to pass a second tax bill before the midterms, Rep. LaLota plans to push to expand the state and local tax deduction.
RIA acquires Bellevue accounting firm
RIA Soltis acquired accounting, tax and advisory firm GDM Private Financial Solutions, the latest example of client demand for integrated wealth and tax planning solutions.
EY embeds AI agents into audits
The Big Four Firm is globally embedding enterprise-scale agentic AI into its assurance engagements, meaning that audits will now use the technology in its firms worldwide.
Modus raises $85M to invest in audit firms, tech
The funding will let Modus partner with audit-focused accounting firms, and develop its technology.