The agenda features projects on negative assurance related to comfort letter engagements, auditor independence, fraud, noncompliance with laws and regulations, and going concern. Also, the SEC is ...

The Senate unanimously approved the Taxpayer Assistance and Service Act, a bipartisan package of 65 tax administration ...

Follow step-by-step how an agentic AI tool prepares 59,157 rows of general ledger data for audit use in about 10 minutes.

Going concern assessments are drawing renewed attention. AICPA standard setters help refresh what you know about this ...

The AICPA’s small firm advocate shares cybersecurity tips and guidance on how to improve client services without hiring staff ...

Treasury and the IRS issued proposed and temporary regulations providing for automatic enrollment in Trump accounts after ...

A first-of-its-kind GAO analysis estimates annual federal tax fraud losses at $116 billion to $304 billion. The report said that the IRS needs a coordinated antifraud strategy. The IRS partially ...

Participants in the Council on AI Risk in Tax, led by the AICPA and former IRS commissioner Danny Werfel, include leaders ...

In its annual update, the IRS increased the special per diem rates taxpayers may use to substantiate business travel expenses for the upcoming travel year and updated its list of high-cost localities.

FASB is seeking feedback on a proposed Accounting Standards Update (ASU) that addresses stakeholder concerns regarding accounting guidance for residential mortgage servicing rights. A residential ...

After 15 years as IRS2Go, the IRS’s taxpayer app now offers expanded access to account services under a new name. The IRS ...