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FASB extended the time preparers can use the reference rate reform relief guidance by two years.

The PCAOB has proposed a new standard designed to strengthen and modernize the requirements for the auditor’s use of confirmation.

The IRS published its most recent Financial Report on the IRS.gov website, which provides a glimpse at IRS operations during the recently completed fiscal year 2022.

Technology has been transforming audits for years, and that trend will only accelerate with the Statement on Auditing Standards (SAS) No. 142, which took effect on Dec. 15, 2022.

The IRS has told taxpayers who typically file their returns in late January or early February to consider waiting until later in 2023.

FASB has released its annual GAAP Taxonomy, which includes the 2023 GAAP Financial Reporting Taxonomy and the 2023 SEC Reporting Taxonomy.

Thirty-five percent of senior executives identify unreliable data as their biggest challenge as they try to gauge company performance in meeting ESG best practices, a new survey finds.

Final regulations provide an automatic extension of time for providers of minimum essential coverage to furnish statements to individuals regarding their health coverage.

The FASB is moving ahead with its ongoing project to establish new accounting standards for disclosing cryptocurrency in businesses’ financial reports.

The Wisconsin Department of Revenue’s (DOR’s) latest economic forecast update indicates a mild recession from the last quarter of 2022 to the first half of 2023.