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The International Financial Reporting Standards Foundation has posted profiles of 17 of the 36 jurisdictions that have either adopted or used the disclosures.

The Senate confirmed Billy Long, a former Republican congressman from Missouri, as the new IRS commissioner amid staffing and budget cuts at the agency.

The Public Company Accounting Oversight Board sanctioned Heaton & Co. and one of its partners, Kristofer Heaton, for failing to properly document five audits.

The Securities and Exchange Commission is making plans in case it inherits the Public Company Accounting Oversight Board’s duties if the tax bill passes.

U.S. accountants who advise small and midsized businesses are feeling less confident this year, according to a new survey.

A $30,000 cap on the state and local tax deduction would be a compromise between current law and the more generous limit in the House’s version of the bill.

A recent report from CPA.com says that semi-autonomous AI bots are already completing bookkeeping workflows start to finish, fully automating the process.

Accounting controls stand out as an often-overlooked domain—straightforward to implement and highly impactful for improving business resilience and continuity.

Rev. Proc. 2025-23 updates the list of ‘automatic procedures’ for changes in methods of accounting.

Senate Majority Leader John Thune said Republicans in his chamber expect to deliver on President Donald Trump’s campaign promises.