Islamic finance body delays rule shift after investor warnings
The Accounting and Auditing Organization for Islamic Financial Institutions is holding talks with stakeholders on planned changes to rules for sukuk securities.

Human in the loop or human in the lead? Getting AI oversight right
AI now does what once took teams of analysts weeks to complete. Yet, as recent incidents have shown, technology only succeeds when matched with sound governance.

Booth's DFA gets green light for tax-busting Vanguard design
Quant firm Dimensional Fund Advisors has received formal approval to adopt a fund structure that for two decades has been used exclusively by Vanguard.

Chicago's 'job killer' corporate tax plan rejected by committee
Chicago Mayor Brandon Johnson's proposal to levy a $21-per-employee, per-month tax on companies was shot down by a city council committee on Monday.

TIGTA makes plans for IRS investigations next year
The Treasury Inspector General for Tax Administration will examine the workforce reductions by the Trump administration and the elimination of paper checks.

Springline Advisory adds Infinity Globus, Smart Accountants
Springline Advisory acquired Infinity Globus and Smart Accountants, both based in Ahmedabad, India, expanding the firm's international reach.

Rude clients hurt audit quality
Nasty behavior by individuals at client companies toward auditors is widespread and can negatively affect auditor judgment, according a new academic study.

Combat fraud in business valuations
When valuing a company, a valuation analyst can play a critical role in identifying potential fraud risks and assessing whether management has implemented adequate measures.

Chicago hit by record property tax hike as office values fall
Chicago homeowners are getting hit with a record property tax hike after downtown office buildings and other commercial real estate values fell again.

Safe Harbor launches platform for cannabis industry
Safe Harbor, a fintech serving cannabis and hemp operators, launched a platform with bookkeeping, payroll and CFO support.