House Republicans target tax-exempt groups with latest bills
The House Ways and Means Committee held a hearing to advance legislation requiring disclosures of foreign sources of funding for tax-exempt groups and recipients.

Macquarie looks into KPMG's auditing capacity after scandal
The moves follow investor unease over Macquarie's hiring of KPMG, which has faced misconduct allegations in recent months.

Democrats threaten Yale with tax if school makes deal with Trump
A group of Democratic legislators in Connecticut with degrees from Yale University are threatening the school's tax-exempt status if leaders make a deal with the Trump administration over probes into admission practices.

KPMG working with OpenAI on new enterprise tech model
KPMG announced a strategic alliance with OpenAI to develop solutions that reflect a new "headless" vision for enterprise software where AI becomes the main work surface.

Doeren Mayhew adds another Florida firm
The Top 50 Firm acquired McMillan, Whiteman & Associates, expanding its presence along Florida's Gulf Coast and marking its third deal in the state this year.

10 key growth areas for firms
Senior executives from Accounting Today's Regional Leaders shared their 2026 growth strategies, ranging from M&A and tech, to advisory and organic growth.

IAASB proposes tweaking standard for auditing less complex entities
The International Auditing and Assurance Standards Board proposed a set of revisions to the International Standard on Auditing.

Arbitrator orders IRS to restore telework
An arbitrator ordered the IRS to allow its unionized employees to work remotely after President Trump ordered federal agencies to require in-person work.

Senate Democrats probe political interference in IRS tax audits
A top official at the Internal Revenue Service and the Treasury Department was reportedly ousted after raising concerns over political influence over audits.

If the SEC lets companies report less, who will demand better accounting?
One question deserves far more attention, particularly from accountants and auditors: Which companies will actually choose to report less?