SEC aims to renew global coordination of accounting, auditing standards
The Securities and Exchange Commission is planning to encourage greater cooperation between U.S. and international standard-setters.

Vertex and CPA.com bring AI to sales tax
In collaboration with Kintsugi, Vertex and CPA.com are giving accountants an AI solution for sales tax compliance.

Tax breaks 'more certain than future returns' for 529 plans, Morningstar says
Morningstar's study of this growing area of asset management suggests that 529 plan quality is rising, despite the research firm's lackluster grades for it.

PKF O'Connor Davies acquires Wolf Maryles
PKF O'Connor Davies, a Top 25 Firm based in New York, has added Wolf Maryles & Associates, also headquartered in Manhattan.

FASB releases standard for interim reporting
The accounting standards update aims to improve the navigability of interim reporting disclosures while clarifying when that guidance should be applicable.

6 critical financial metrics your business owner clients may be overlooking
By helping business owners shore up their metrics, you can help them boost their enterprise value and add more value to your relationship.

Humans: the main cause of, and solution to, AI mishaps
Blindly accepting AI outputs, setting poor AI controls, failing to update processes when software changes: many AI problems unfortunately begin with the human, but it is also humans that can prevent them.

AICPA advises simplifying PTE reporting
The American Institute of CPAs advised the Treasury and the IRS to simplify the tax reporting requirements for partnerships and S corporations — or passthrough entities.

Homeowners risk missing out on solar tax credits
Lengthy utility permitting times could imperil customers' tax credits if their systems aren't in place by Dec. 31.

A new world of risk in internal audit
Anthony Pugliese of the IIA discusses the new and perennial risks and challenges facing companies, and the new resources the IIA is rolling out to help.