ESG reporting increased in 2024
Sustainability reporting is becoming more standardized globally, according to a new report from the IFAC, AICPA and CIMA.

Scandals at top firms spur calls for shakeup in Australia
Big Four firms have been embroiled in a series of scandals rocking the consulting sector.

EY staffers accused of accessing Australia PM's bank account
The potential criminal development that adds to a series of governance scandals engulfing the sector in recent years.

How early-career accountants and their employers can thrive in the AI era
AI will change the first few years of an accounting career but doesn't reduce the need for people who understand the numbers. In many ways, it raises the bar.

Mamdani's new pied-à-terre tax leaves wealthy with few loopholes
The super wealthy are accustomed to finding ways to shrink their tax bills. But with New York City's new levy, many are learning they might just have to pony up.

ISSB plans nature-related disclosure proposals
The International Sustainability Standards Board intends to issue an exposure draft of its nature-related disclosure proposals in October.

IRS sharing tax info with over 1,100 organizations
The Internal Revenue Service is having trouble keeping track of exactly which other agencies are receiving the data, according to a new report.

The 150-hour revolution in accounting
In just a few short years, a grassroots movement has completely revamped the pathways to CPA licensure.

IRS offers safe harbor for Trump accounts
There's a safe harbor for gift tax reporting, but the American Institute of CPAs recommends families educate themselves as the accounts go live July 4.

Supreme Court expands president's power to fire officials
The blockbuster decision puts the White House firmly in control of potentially dozens of agencies that have long operated independently.