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An accounting error forced the British retailer to cut its profit outlook in North America for a second time, prompting Carl Cowling's departure.

Senator Todd Young is urging the IRS to reconsider guidelines on the tax treatment of rewards crypto owners collect for locking assets on a blockchain network.

Most accounting and bookkeeping firms are still flying blind when it comes to pricing, and it's eating into their margins.

Economic pessimism is on the wane among audit partners, though they're not feeling as confident as last year, according to a CAQ survey.

Clients increasingly view the use of advanced technology as a differentiating factor when selecting their auditors, according to a new survey by BDO USA.

The Top 50 Firm acquired two more firms in Tennessee and Michigan.

Monotony may not sound like a business threat, but in finance, it's quietly eroding productivity from within.

A group of former Internal Revenue Service leaders discussed the state of the IRS at an AICPA tax conference after a wave of departures and layoffs.

Audit and advisory leaders are working to implement AI solutions, but major hurdles mean that most professionals remain largely dependent on manual processes.

The Accounting and Auditing Organization for Islamic Financial Institutions is holding talks with stakeholders on planned changes to rules for sukuk securities.