GASB adds projects on digital assets, pensions and benefits
The Governmental Accounting Standards Board added several items to its research agenda, but decided against adding a project on cybersecurity disclosures.

How CFOs can defuse the time bomb of PTO liabilities
The majority of employees don't use all the paid time off available to them, so many companies are steadily accumulating a huge line item on their balance sheets.

Intuit launches QuickBooks Workforce for HCM, payroll
Intuit has expanded further into payroll, time tracking, benefits, onboarding and other human capital needs through its new solution, QuickBooks Workforce.

Employers added 115K jobs in April, including 1.2K in accounting
The U.S. Bureau of Labor Statistics report surpassed economists' expectations, as the unemployment rate remained unchanged at 4.3%.

Tech news: Digits announces Schedules for accrual accounting workflows
Plus, Suralink introduces Workpaper Suite Intelligence; Xero announces Xero Coaches; and other news and updates from the accounting tech world.

On the move: Schneider Downs names new leaders
Plus, Forvis Mazars promotes 50 new partners and managing directors; CohnReznick names a new chief technology officer; and more personnel and firm news from across the profession.

US home solar bust worsens after Trump ends subsidies
One of the nation's largest solar installers filed for bankruptcy last month, citing the phaseout of federal tax credits and Trump's executive orders.

Trump's latest tariffs found unlawful by trade court
A divided three-judge panel granted a request by a group of small businesses and two dozen mostly Democrat-led states to invalidate the tariffs.

Xero founder returns prize after misconduct claims
Rod Drury, the founder of ASX-listed accounting software firm Xero, has handed back the New Zealander of the Year prize he won just weeks ago.

Sage touts new, enhanced products for advisory, payroll, more
Accounting ERP provider Sage announced a wide variety of new offerings and enhancements for both general business customers as well as the CPAs that serve them.