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The American Institute of CPAs has teamed up with the American Society of Appraisers and the Royal Institution of Chartered Surveyors on a proposed Valuation Performance Framework.
The American Institute of CPAs updated a practice aid on auditing stablecoins and cryptomining revenue, and asked the IRS to speed up name and address changes.
The first-of-its-kind assurance certification, developed with the Artificial Intelligence Underwriting Company, is in a piloting phase and is expected to fully launch in early 2027...
Christina Ho, a former member of the PCAOB and now at Oath Verified, believes the AICPA should be hearing more from tech companies as auditing standards evolve.
The AICPA is seeking clarification from the IRS on guidelines suggesting that tax practitioners should pass AI-related cost savings on to clients. Concerns about language in the gu...
The AICPA asked the IRS to clarify that Form 8050, used to provide direct deposit information for tax refunds, will not be included in exempt organizations' publicly available tax...
The AICPA and AIUC announced a joint assurance certification combining their examination processes into a single independent review of AI safety and effectiveness.
The Public Company Accounting Oversight Board is looking to fill upcoming vacancies on its Investor Advisory Group, as well as its Standards and Emerging Issues Advisory Group.
The Institute of Internal Auditors wants the SEC to reject a proposal to give newly listed companies up to five years to establish an internal audit function.
The AICPA is reminding states about the correct procedure to use to request disaster tax relief following Hurricane Isaias' landfall just days before the Oct. 15 filing deadline.
The International Federation of Accountants introduced a Client Classification Tool for small and medium-sized accounting practices.
Participants in the Council on AI Risk in Tax, led by the AICPA and former IRS commissioner Danny Werfel, include leaders from all areas of the tax world who will work together to...
The agenda features projects on negative assurance related to comfort letter engagements, auditor independence, fraud, noncompliance with laws and regulations, and going concern. A...
The Florida Institute of CPAs, Georgia Society of CPAs, Montana Society of CPAs and South Carolina Association of CPAs collaborated to form Five Storm Systems.
Plus, BDO partners with the National Wildlife Federation; a new leader in Oregon for REDW; and other firm and personnel news from across the profession.
The International Federation of Accountants introduced a set of six global principles to provide a framework for creating healthy, sustainable professional environments.
Only 24% of organizations maintain CPA-only requirements, while the rest are automating, broadening to nontraditional backgrounds or sourcing talent externally.
Former IRS Commissioner Danny Werfel and the AICPA are teaming up to form a new group to advance responsible AI use in both tax administration and practice.
A pioneering former AICPA chair and the former head of the U.S. Government Accountability Office were honored as Gold Medal award recipients at Council.
The Senate unanimously approved the Taxpayer Assistance and Service Act, a bipartisan package of 65 tax administration reforms backed by the AICPA. The measure now moves to the Hou...
Feedback is being accepted through Dec. 22 on a principles-based framework to promote consistency, quality, and transparency in valuation engagements.
A new practice aid covers the impact of organizations’ use of artificial intelligence in financial reporting and the impact of audit firms’ use of AI in audit engagements.
The practice guide explains how audit standards apply to the use of AI for entities using it for financial statements and practitioners using it during the audit.
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