Accounting standards

Crowe Global reported revenues of $6.5 billion in 2025 across its international accounting firm network, a 12% increase year over year.

Forvis Mazars reported its combined revenue globally for fiscal years 2024-25 reached $5.7 billion, or about 11% year-over-year growth.

The Committee of Sponsoring Organizations of the Treadway Commission has released guidance outlining ways that organizations can achieve and maintain effective internal controls over generative AI.

Building an advisory practice in your accounting firm means culling your client list — but that's just the start.

The Securities and Exchange Commission is making extensive changes in auditing and accounting as it continues to deregulate under the Trump administration.

The Financial Accounting Standards Board's recent income tax disclosure standard is revealing that many prominent U.S. multinationals are paying far more corporate taxes in other countries than at home, according to a new analysis.

Federal attention to foreign influence in higher education has intensified.

A Japanese accounting group is seeking to ease rules on how life insurers book paper losses on government bonds, a move that would provide a relief for the major holders of the nation's debt.

Plus, new Emburse tool uses AI to prevent errors before they start; Bill touts new agents, enhancements to existing ones.

The International Auditing and Assurance Standards Board has decided to pursue guidance for applying current standards to uses of emerging technology, like AI.

The tax solutions provider isn't aiming to compete with CPAs.

Bookkeeping automation solutions provider Botkeeper is closing down. The company made the announcement over the weekend.

The new Pilot AI Accountant claims to run the entire bookkeeping and financial reporting process with zero need for human intervention.

The Auditing Standards Board will be proposing a set of updates to its attestation standards to address sustainability information and other assurance issues.

Turkey hired Ernst & Young LLP to lead a multibillion-dollar privatization of two landmark Istanbul bridges and a string of highways.

KNAV Advisory acquired UAE-based assurance and advisory firm Affiniax Group, expanding its presence in the Middle East.

The Financial Accounting Standards Board has voted to add a project to its technical agenda on market-return cash balance plans.

The International Public Sector Accounting Standards Board released a standard to help entities consistently report climate-related risks and opportunities.

PwC executives have asked teams to resume pitching for work with Saudi Arabia's Public Investment Fund after a one-year ban expired.

AICPA president and CEO Mark Koziel told accountants about challenges to the credential from the federal government, states, companies and even accounting firms.