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The Financial Accounting Standards Board issued a proposed accounting standards update on consideration payable to a customer under the revenue recognition standard.

Confidence among accountants globally declined slightly in Q3, but rose in North America, especially in the U.S., according to a new survey.

The Internal Revenue Service’s plan to include a question on the Form 1040 next year asking about a taxpayer’s citizenship status is already drawing fire.

The deal strengthens the WilliamsMarston office of the CFO and controller services, and expands its AI-driven ERP capabilities.

The private equity-backed Top 50 Firm acquired Whalen CPAs in Dublin, Ohio, expanding its footprint in the Midwest.

Accounting firms in the US are looking for fewer logins, fewer hand-offs and fewer tools for their clients to learn. Every extra platform a client has to switch into is another chance for a bill to be missed or a payment to fall through the cracks. Today, Xero and Bookkeeper360 are taking a step toward …

Xero and Bookkeeper360 launch a first-of-its-kind integration that puts Melio payments inside accounting firms’ own platforms Read More »

Compliance drift; adoption tax credit; distort the P&L statement; and other highlights from our favorite tax bloggers.

Accounting firm advisor Stout acquired Flightline, an agentic AI company, building out its AI-enabled workbench.

Intuit announced a new version of Credit Karma Tax as a way to further invest in free DIY options as its sister product TurboTax focuses on live support.