IESBA decides to update code of ethics for firm culture and governance The International Ethics Standards Board for Accountants decided to move ahead on a project to update its International Code of Ethics for Professional Accountants.
Kernutt Stokes to add Portland firm Regional Leader Kernutt Stokes will acquire accounting firm Fordham & Co, effective July 1, to grow its presence in Portland, Oregon.
RSM to add RSM Mexico to transatlantic partnership RSM Mexico will join RSM's transatlantic platform with entities already in the U.S., the U.K., Canada and Ireland, as well as teams in India and El Salvador.
IRS needed to backfill thousands of jobs after cutbacks The Internal Revenue Service had to hire over 2,000 employees after reducing its workforce last year by nearly a third, according to a new report.
Why your AP AI will fail an audit The finance AI conversation has been dominated by capability. The next one is about governance, and most of the agents shipping in 2026 will not survive it.
Tax planning for collegiate athletes earning NIL income If you have clients with college-age children earning money from their name, image and likeness, are they responsible enough to handle it and protect it?
Gavin Newsom rushes to sink California billionaire tax before June deadline The proposal, which would impose a one-time 5% tax on a billionaire's net worth, has become one of the most closely watched political fights in California.
Macron brushes off Trump's 100% tariff threat on French wine French President Emmanuel Macron refused to drop the country's digital tax after Donald Trump threatened new tariffs, setting the stage for a confrontation.
Finding the future value of tax With AI poised to take over basic tax prep, practitioners need to double down on the value they've always added, says AICPA chair Jan Lewis.
IASB will have new chair by October Current IASB chair Andreas Barckow's term ends on June 30, but his final successor isn't expected to be installed until Oct. 1.
