Financial Reporting May 28, 2026
Auditoria.AI Introduces Governed Autonomy for Enterprise Office of the CFO
Auditoria believes the biggest barrier to enterprise AI deployment is no longer model capability, but governance.
Firm Management December 17, 2025
KPMG Sees Global Revenue Rise to $39.8 Billion in 2025
It was a banner year for those representing the blue and white of KPMG as the Big Four firm reached a record $39.8 billion in revenue for the 2025 fiscal year, up 5.1% in local currency terms and 5.4% in U.S. dollar terms from FY 2024.
Accounting Standards December 17, 2025
FASB OKs Improvements to Accounting Standards Codification
The new standard issued on Dec. 17 focuses on updating the FASB Accounting Standards Codification for a variety of topics, including technical corrections, unintended application of the Codification, clarifications, and other improvements.
Accounting Standards December 17, 2025
GASB Provides New Guidance on Reporting of Subsequent Events
The Governmental Accounting Standards Board issued a new standard on Dec. 17 that is designed to improve the financial reporting requirements for subsequent events.
State CPA Societies December 17, 2025
NJCPA Raises More Than $30,000 for Community FoodBank of New Jersey
Sponsored by the NJCPA Emerging Leaders Council, the food drive collected food items at its Roseland office and various member offices and also included a volunteer day at the FoodBank in Hillside.
Automation December 17, 2025
AvidXchange Launches Accounts Payable as a Service
With AvidXchange’s AP as a Service model, ERP customers can activate payments directly within their platform through digital onboarding, reducing IT effort and going live in days instead of weeks.
Firm Management December 17, 2025
Andersen Raises $176 Million in Late 2025 IPO
Andersen Group Inc., the U.S. arm of the professional services firm that succeeded the shuttered accounting giant Arthur Andersen, raised $176 million in an initial public offering priced at the top of the range.
Taxes December 17, 2025
Sen. Ossoff Teams Up with Trump Ally on Small Business Tax Legislation Ahead of Midterms
Sen. Jon Ossoff (D-GA) has teamed up with Republican Sen. Cindy Hyde-Smith of Mississippi on legislation to cut income taxes for qualifying small businesses with up to 15 employees.
Accounting December 17, 2025
Connecticut Accountant Sentenced to 32 Months in Prison for $2.3M PPP Fraud Scheme
Yasir G. Hamed, 60, of Woodbridge, CT, who was convicted of defrauding a COVID-19 pandemic relief program of more than $2.3 million, was sentenced Dec. 15 to two years and eight months in prison.
Small Business December 17, 2025
Opinion: Elimination of the Penny Will Cost Us as Merchants, Consumers
As the U.S. Treasury phases out the use of the penny, it’s creating a host of new challenges for businesses and consumers that could cost all of us a good chunk of change.
Financial Reporting December 16, 2025
Multi-Currency Accounting Doesn’t Have To Be So Hard
Creating clear, repeatable rules for multi-currency accounting will ensure less headache and more accuracy moving forward.
Financial Reporting December 16, 2025
Finance Teams Face Widespread Data Management Crisis Heading into 2026, insightsoftware Research Finds
Additional external pressures impacting finance teams include interest rates (27%), cloud migration pressure (27%), and economic disruption (26%).
AICPA December 15, 2025
Accounting Organizations Unite Against Administration De-Listing Accounting as Professional Degree
The Department of Education’s recent proposed regulation would exclude accounting programs across the country from a professional degree designation for the purposes of graduate student loan eligibility, which many feel will do great harm to the profession.