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A recent survey finds CFOs remain optimistic about the economy, even as indicators of a potential recession continue to loom.

The PCAOB will continue to pay particular attention to financial services and broker-dealer audits while reminding all auditors to be vigilant when it comes to fraud-related risks.

Laying the groundwork early and keeping your firm’s future top of mind can go a long way toward making leadership transitions successful.

Seven in 10 Americans are reporting stress related to their finances, and most say the stress has increased since the onset of the COVID-19 pandemic, according to a recent CNBC survey.

The IRS has announced that nearly 1.5 million people across the nation have unclaimed refunds for tax year 2019 but face a July 17 deadline to submit their tax return.

The IRS has issued proposed regulations that identify certain microcaptive transactions as listed transactions and certain others as transactions of interest.

A volunteer group with the IRS will hold several public meetings this week via teleconference to hear suggestions on how to improve customer service.

The FASAB issued a statement intended to provide targeted technical clarifications to further facilitate the implementation of SFFAS 54, Leases.

The IRS has released a plan for the nearly $80 billion in agency funding authorized by Congress, including expected boosts for customer service, technology and enforcement.

The AICPA recently sent a letter to Treasury and the IRS with recommendations to clarify and expand certain provisions of Rev. Proc. 2022-19.