Stakeholders have until Jan. 11 to provide feedback on a proposed Accounting Standard Update aimed at improving operability ...

Sullivan currently serves as chair of the Financial Accounting Standards Advisory Council and served as an audit leader during a long career with Deloitte.

Three years after tax professionals attended the AICPA National Tax Conference’s first session on generative AI, a speaker from the 2023 conference and a speaker at this year's conference say the ...

January on proposed updates to the framework used by CPAs to evaluate controls over an organization’s information systems.

Sullivan currently serves as chair of the Financial Accounting Standards Advisory Council and served as an audit leader during a long career with Deloitte. The board’s review of 2025 public company ...

A CPA who recently solved a 40-year-old math problem using AI believes that the “gold rush” to solve similar problems is ...

A TIGTA report linked ghost preparers to $179 million in refund claims over two years. Its findings come as legislators consider the Taxpayer Assistance and Service Act, which would expand IRS ...

The PCAOB’s latest analysis of its inspections of public company audits showed significant improvement in nearly all firm segments. In Staff Update on 2025 Inspections of Public Company Audits, the ...

The IRS and Treasury on Wednesday proposed regulations (REG-101576-26) implementing Sec. 36B premium tax credit (PTC) changes enacted by H.R. 1, P.L. 119-21, commonly referred to as OBBBA. Among other ...

Proposed regulations governing employer contributions to Trump accounts are “administratively burdensome” and make a 2026 rollout potentially difficult, the AICPA said. A letter to the IRS and ...