The changing world of government financial reporting
The serious new pressures facing governments of all sizes are changing their financial reporting, says GASB Chair Joel Black.

Trump floats temporary US gas tax halt
President Donald Trump voiced support for a gasoline tax holiday to counter rising prices at the pump, as the cost of oil soars while the war with Iran drags on.

Whitman launches leadership development group
Whitman Advisory, Maxwell Leadership and Lions Pride Leadership partnered to launch a leadership development and coaching company.

Tax noncompliance growing among federal employees, retirees
Tax delinquency is increasing among federal government employees as well as retirees, according to a new report.

Doeren Mayhew adds Miami firm
The Top 50 Firm acquired Miami-based Parlade Schaefer Schortz, expanding its presence in the South Florida market and healthcare sector.

Internal auditors confront fraud risks
Internal auditors are facing a heightened risk of fraud at organizations as schemes change and internal controls weaken over time, according to a new report.

AICPA asks IRS for guidance on excise tax at nonprofits
The American Institute of CPAs wants more information on a provision of the One Big Beautiful Bill Act imposing an excise tax on tax-exempt organizations.

Atkins' folly
The idea of semi-annual reporting is a guaranteed self-inflicted disaster, like using a knife while gripping the blade instead of the handle, writes Paul Miller.

Grant Thornton launches AI-enabled audit platform
Top 10 Firm Grant Thornton announced the launch of gtap, a proprietary audit infrastructure intended to redefine how the firm performs audits.

NY gov to back Trump's tax credit for school choice
New York Governor Kathy Hochul is planning to participate in President Donald Trump's controversial federal school choice program.