Accounting standards

The number of accounting-related securities class action filings plummeted 40% last year, according to a new report, but the total settlement value rose 40%.

Up in smoke; contingency planning; disaster strikes; and other highlights from our favorite tax bloggers.

AI-focused accounting ERP provider DualEntry tested some of the most popular AI models on various accounting workflows and found that, at best, they're 77.3% accurate.

While Xero has spent years adding AI features, this is the year it intends to spread the technology throughout the core of its product.

The report highlights the PCC's accomplishments and activities from the year, its agenda priorities, stakeholder engagement and strategy moving forward.

CAS thought leader Kane Polakoff discusses how artificial intelligence can be integrated into CAS now — and what that intersection will look like in the long term.

Law firms and reporting accountants would join sponsors in the public spotlight if a filing fails to meet basic standards.

PCC chair Jere Shawver is on a mission to increase awareness of the group that represents the perspectives of privately held companies on accounting standards.

The profession needs to engage seriously with whether the binary audit opinion remains the right product for the public interest it is meant to serve.

The global network of independent accounting, audit, tax and consulting firms surpassed $1 billion in total revenues for the first time last year.

Leaders of accounting organizations in the U.S., Canada and Mexico signed a memorandum of understanding to extend an agreement easing cross-border practice.

While no one can say what the final destination of this year's Top 100 Firms and Regional Leaders will be, they've got a head of steam up to reach top speed.

Plus, RightRev launches Revi AI platform for revenue accounting automation; Rocketlane unveils Nitro AI for professional service firms; and other accounting tech news.

The International Accounting Standards Board is finalizing a standard to give investors a clearer picture of utilities' performance and future cash flows.

The American Institute of CPAs' Auditing Standards Board posted a work plan for 2026 through 2027 and a five-year strategic plan for 2026 through 2030.

The International Federation of Accountants released data on the growth of private equity in the global accounting profession.

As companies shift critical AI workloads toward owned or more controlled infrastructure, several accounting dynamics may change.

The American Institute of CPAs' Auditing Standards Board proposed a set of updates to its attestation standards regarding sustainability and other emerging assurance issues.

The Governmental Accounting Standards Board released a proposed Implementation Guide with questions and answers on the requirements related to subsidies.