The provision would have eliminated the Public Company Accounting Oversight Board and transferred its responsibilities to the Securities and Exchange Commission.

The Chartered Institute of Management Accountants named John Graham as its next president, succeeding Simon Bittlestone, effective today.

Big Four firm KPMG announced the launch of its new multi-agent AI platform, Workbench, which will serve as a foundational and single AI platform.

Payments platform Tipalti announced it has acquired Statement, an AI-powered treasury automation solution.

Grant Thornton Advisors is adding firms in Switzerland/Liechtenstein and the Channel Islands to its multinational platform.

The Public Company Accounting Oversight Board reported that deficiency rates remain high across examination, review and audit engagements.

RSM announced the launch of myRSM Tax, a suite of proprietary platforms that work together using AI to reduce manual processes, accelerate insight generation and ensure transparency.

While it might intuitively seem AI and offshoring are in direct competition, offshore talent providers report that the two have instead created powerful synergies.

Accounting firms are reporting bigger profits and more clients, according to a new report.

The Securities and Exchange Commission appointed Kurt Hohl, a former partner at Ernst & Young, as its new chief accountant, effective July 7.