Discover how auditors evaluate the inherent risk that affects financial statements, focusing on its inevitability and the crucial role of internal controls.

The convergence of accelerating inflation and heightened tariff costs creates optimal conditions for adopting LIFO, but taxpayers need to understand the benefits and act promptly.

Brex reports T-accounts as essential visual tools in accounting that clarify how transactions impact debits and credits, ...

You might have just wrapped up the challenging task of filing a Self-Assessment tax return [1] on 31st January. Now you may feel it’s time ...

So far about 45 states have passed or introduced new CPA licensing laws or rules, in a bid to lower barriers and tackle the accounting shortage.

The New York bank's technology leaders have been working to reengineer back-office work and give some of it to Anthropic's Claude generative AI model.

Opportunities lie in enhancing fund management compliance and efficiency through specialized training. The course targets fund managers navigating complex regulations, emphasizing key functions, risk ...

The independent nonprofit is devoted to helping professionals move past hype and into concrete practical implementations of ...

Accrual basis accounting is typically the preferred method, but cash basis accounting may work for very small businesses. Many, or all, of the products featured on this page are from our advertising ...

Operating leases have long been a common mechanism for companies to access and use assets without owning them outright. Historically, many of these leases were kept off the balance sheet, limiting ...

AI is shaking up the accounting industry. We know this. But what’s hype and what’s reality? We’re gradually finding out. As we move into 2026, we’re gaining more insight to the ways that AI will ...