KPMG research has found gen AI has a 3-17% EBITDA impact, but this is no reason to replace human accountants.
The Internal Revenue Service and its partners in the public and private sectors are planning to highlight the importance of cybersecurity next week.
The Internal Revenue Service is extending the transition period for revising claims for the research and development tax credit through Jan. 10, 2026.
The Governmental Accounting Standards Board issued an exposure draft on how to account for transactions that occur after the date of the financial statements.
The Financial Accounting Standards Board released a post-implementation review of its rev rec standard a decade after its implementation.
Developing an AI system can carry a hefty price tag that includes not just the coding of the system itself but secondary costs like labor, training and data fees.
