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Latest News & Web Pages
AICPA updates guidance on stablecoin reporting
16+ hour, 32+ min ago (255+ words) The newly added criteria aims to increase trust in stablecoins. Specifically, it establishes a framework for issuers to identify risks commonly associated with stablecoin operations and to provide control objectives for operations. It also implements guidance to help issuers and…...
Building a pipeline of Gen Z talent
18+ hour, 28+ min ago (640+ words) The accounting profession is approaching a breaking point. With about 124,000 accountant and auditor roles set to open each year for the next decade, it's necessary for accounting firms to consider what it will take to recruit and retain Gen Z…...
How software pricing will help prove the ROI of AI — or not
21+ hour, 54+ min ago (515+ words) A recent MIT study put everyone on edge: generative AI is not returning ROI in 95% of cases, the researchers found, despite $30 billion to $40 billion in enterprise investment." But the research also revealed this isn't AI's fault per se. Companies don't…...
SEC to drop fraud case against ex-Rio Tinto CFO
23+ hour, 6+ min ago (348+ words) The Securities and Exchange Commission is dropping a fraud lawsuit against former Rio Tinto Ltd. chief financial officer Guy Elliott, eight years after accusing him and others of inflating the value of African coal assets the company acquired in a…...
Newsom seeks $200M to replace EV tax credits cut by Trump
23+ hour, 13+ min ago (292+ words) California Governor Gavin Newsom is asking for $200 million to restart offering tax rebates for electric vehicles that are purchased in the state, making up for a similar federal program that President Donald Trump ended last year. The proposal would require…...
Budget 2026 To Bring Joint Tax Filing For Married Couples? Here's What It Means
1+ day, 6+ hour ago (57+ words) Countries like the US and UK already allow joint tax filing, recognising family income and shared responsibilities. Budget 2025 also introduced the new Income Tax Act, 2025, simplified TDS/TCS rules, made income up to Rs 12 lakh tax-free, and pushed the effective…...
India's New Income Tax To Be Effective From April 1 To Simplify Provisions: All You Need To Know
2+ day, 8+ hour ago (622+ words) India is set to usher in a new era of direct taxation from April 1, when the Income Tax Act, 2025, comes into force, formally replacing the six-decade-old Income Tax Act, 1961. The new legislation is aimed squarely at simplification, clarity and ease…...
On the move: Prager Metis names next CEO
3+ day, 17+ hour ago (133+ words) PCAOB appoints new acting general counsel and acting director of the PCAOB's Division of Enforcement and Investigations; RSM admits 48 to partner; and more news from across the profession." Plus, Data Ramp solution lets people process data without moving it; Rillet…...
Tech news: RSM equips auditors with Ask Luca AI tool
3+ day, 19+ hour ago (149+ words) RSM equips auditors with Ask Luca AI tool; DataRamp solution lets people process data without moving it; Rillet adds quarterly and annual financial reports, other features; and additional accounting tech news. Experts shared the tools, trends and technologies they think…...
How will technology shape accounting in 2026?
3+ day, 20+ hour ago (741+ words) The year 2026 will, like the one before it, be one of great change as the profession continues on its digital transformation journey." Accounting Today reached out to roughly 150 practitioners, vendors, consultants and advocates who provided us their predictions on how…...