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Advisors worried about violating privacy laws when they report suspected financial abuse of the elderly are now protected in more than 20 states, and more legislation is pending.

In a move that deviates from the Financial Accounting Standards Board's (FASB) philosophy around effective dates, the FASB is proposing delaying three key effective dates.

Digital transformation is a top strategic priority for many firms. But success has been fleeting, and a new McKinsey report finds it’s partly due to bad financial data.

FASB is seeking comments on a proposed ASU that would improve guidance for certain financial instruments with characteristics of liabilities and equity.

A coalition representing various advanced professions has been created to educate policymakers and the public about the importance of rigorous professional licensing standards.

Opportunity zone regulations proposed by the IRS in April provide much-needed clarity by answering questions raised by regulations proposed in October.

When a colleague’s work isn’t up to par and you’re tasked with telling them, you may feel anxious. Done well, however, constructive criticism can work for both you and your co-worker.

IR says bonus depreciation treatment affected as a result of the Tax Cuts and Jobs Act may be changed by taxpayers.

A new study reports that companies using artificial intelligence (AI) audit virtually all their spending while enterprises that don’t use AI only audit up to 10 percent and miss things that could save money.

IBM has found security flaws in digital systems that let visitors check in to office buildings.