Accounting News from Accounting Today

The new Pilot AI Accountant claims to run the entire bookkeeping and financial reporting process with zero need for human intervention.

The Auditing Standards Board will be proposing a set of updates to its attestation standards to address sustainability information and other assurance issues.

KNAV Advisory acquired UAE-based assurance and advisory firm Affiniax Group, expanding its presence in the Middle East.

The professional and business services sector, which includes accounting and tax, lost 57,000 jobs last month, the largest loss since August 2024, ADP reported.

Small business job growth and wage growth last month largely followed the same pattern as late last year, payroll company Paychex reported.

Thomas Unsworth, a CPA from East Naples, Florida, pleaded guilty in a federal fraud probe of Oakes Farms Food & Distribution Services. 

The American Institute of CPAs introduced a new program to identify and develop the skills needed by early-career CPAs to succeed in an AI-driven market.

The Financial Accounting Standards Board has voted to add a project to its technical agenda on market-return cash balance plans.

The International Public Sector Accounting Standards Board released a standard to help entities consistently report climate-related risks and opportunities.

Accounting executives can learn a lot from new research on non-GAAP disclosure and M&A efficiency.

Intuit has created a Career Pipeline Program, with a commitment to upskill a million accounting students over the next five years.

The SEC charged Archer-Daniels-Midland Company and its three former executives with accounting and disclosure fraud.

The Maryland Association of CPAs visited the state capital in Annapolis to lobby for changes to CPA licensure and other laws.

Knowing exactly who you serve — and why — is becoming one of the most powerful competitive advantages a small firm can develop.

'Cautious optimism' is the watchword for this tax season — but there's still plenty tax practitioners can do to make it run smoothly.

Larger transactions and the resurgence of SPACs are reshaping the market, increasing the stakes for accurate, timely, and well-informed accounting decisions.

The Tennessee Society of CPAs organized an annual visit to the state capital in Nashville to visit legislators and call on them to make changes in state laws.

AICPA president and CEO Mark Koziel told accountants about challenges to the credential from the federal government, states, companies and even accounting firms.

Half of accountants globally expect flexible career paths to replace linear career paths within the next decade, per an ACCA report.

Courses and certifications will include AI, RPA, cybersecurity, data analytics and visualization, financial planning and analysis, sustainability and leadership.