Accounting October 15, 2025
GM Reports $1.6B Hit From Now-Unused EV Investments
General Motors reported the loss on Oct. 14 to the Securities and Exchange Commission as what's known as an impairment charge.
Accounting October 14, 2025
RecVue Launches AI-Powered Adaptive Invoicing for Enterprise Billing Accuracy and Compliance
As enterprises expand into multiple subscription, usage, and outcome-based monetization models, the risks grow exponentially.
Advisory October 14, 2025
Deloitte, Other Contractors Pressed by Senators on Errors in Medicaid Eligibility Systems
Failures have resulted in the erroneous loss of health coverage and other vital safety-net benefits for low-income people. Malfunctions in those systems can cost millions and take years to fix.
Financial Reporting October 14, 2025
Vertex Achieves Oracle Validated Integration for ERP Solution
To achieve Oracle Validated Integration, partners such as Vertex demonstrate their integrated offering aligns with Oracle integration best practices and performs as documented.
Accounting October 14, 2025
LendingTree Founder and CEO Doug Lebda, Who Started His Career at PwC, Dies in ATV Accident
Lebda, who worked at PwC as an auditor and consultant from 1992 to 1996, was a pioneer in the fintech industry during the advent of the internet. His idea was for a company that let customers comparison shop for bank loans online.
Technology October 14, 2025
Verito Launches VeritComplete Program for Accounting Firms
The solution bundles dedicated cloud infrastructure, 24/7 security operations center monitoring, and comprehensive IT support for tax and accounting practices.
Firm Management October 13, 2025
DSWD Gets Outside Investment From 119th Street Capital
DSWD, a CPA and advisory firm with offices in Chicago and Frankfort, IL, announced on Oct. 9 that it has received an investment from 119th Street Capital, a Merrillville, IN-based family office that exclusively invests in privately owned financial services firms.
Accounting Standards October 13, 2025
IFRS Foundation Publishes IFRS for SMEs Educational Model 12
These modules are designed to provide support to anyone learning about, applying or reading financial statements prepared using the IFRS for SMEs Accounting Standard.
Technology October 10, 2025
Business Execs Put Cybersecurity and Risk Management Among Top Three Tech Objectives, Grant Thornton Says
The third and final installment of top 10 firm Grant Thornton's Digital Transformation survey found that embedding cybersecurity, resilience, and real-time compliance into technology strategies can help organizations stay agile and innovate.
SEC October 10, 2025
MassMutual Faces SEC Scrutiny Over Accounting Practices
The Wall Street Journal reported this week that the Securities and Exchange Commission has focused on how MassMutual accounts for income earned on billions of dollars in loans.
Technology October 10, 2025
Crowe Launches New Business Unit—Crowe Studio
Crowe Studio is designed to develop, launch, and scale high-impact solutions within new, global business models, powered by AI capabilities, the top 15 accounting firm said.
Accounting October 9, 2025
Former AICPA CEO Barry Melancon Appointed Chair of Baker Tilly International
Melancon has considerable experience of working across the profession on a global basis, from standard setting to change management, to working with regulators and on public interest matters.