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The new standard caused lease liabilities for the average company to skyrocket 1,475 percent, from $4.4 million to $68.9 million post transition.

Winding River Consulting's Gary Shamis, himself the founder of a Top 100 Firm, shares the most important factors in creating a successful organization.

The AICPA president and CEO gave his annual update at the Accountants Club of America at a sold-out breakfast.

ACCA calls for a middle ground on artificial intelligence, cryptocurrency tools for tax professionals, and more.

Taxpayers prevailed in only 23 out of 55 (41.8 percent) of the significant tax cases involving state and local taxes in the fourth quarter of 2019, and for the entire year only 83 out of 218 (38.1 percent) of the significant tax cases in 2019, according to a recent analysis.

The state's proposal to tax digital ads has sailed right past controversial to land in the realm of is this really happening?

The American Accounting Association will honor five "thought leaders from a breadth of practice and educational backgrounds" at the organization's annual meeting in Atlanta this August.

The Internal Revenue Service urged tax professionals and taxpayers to use the free, multi-factor authentication feature offered on tax prep software, as nearly two dozen firms reported data thefts so far.

Failure to disclose a lack of independence or a conflict of interest can open the door for potential liability and litigation for both the accounting firm and its clients.

Tax-preparation software companies face headwinds for the revenue they get from each tax return this year due to the combined effect of a rising mix of free filings and lower need for services that assist do-it-yourself filers, according to Morgan Stanley.