Audit & Accounting

The Financial Accounting Standards Board has posted the 2025 GAAP Financial Reporting Taxonomy, SEC Reporting Taxonomy and GAAP Employee Benefit Plan Taxonomy.

The Fifth Circuit has reinstated an injunction on beneficial ownership reporting only days after lifting it.

The tax preparer known as 'the Magician' will pay $145 million in restitution.

Companies that work with auditors who have more industry experience but charge more than competitors offering "lowball" fees tend to save more money in the end.

Opinions vary on whether the profession is declining or thriving — or both. This is your chance to weigh in.

Accounting's influencers predict the biggest changes over the next 10 years.

As part of this year's Top 100 Most Influential People survey, Accounting Today asked, "What do you think will be the biggest change in accounting in the next 10 years?"

The extra year of education is turning away potential CPAs, especially when they can pursue alternative careers with just a four-year degree.

After an injunction was lifted by an appeals court, the Treasury's Financial Crimes Enforcement Network has extended the deadline for beneficial ownership information reporting.

Blending CPAs and CFPs into a team larger than the sum of its parts requires meticulous planning and client education.