Accounting Today is issuing a call for nominations for the 2025 edition of its annual Top 100 Most Influential People in Accounting list. The list profiles a wide range of figures who wield influence over the profession, from association leaders, to state and federal regulators, thought leaders, practitioners, academics, consultants and
Three men were indicted for allegedly conspiring to fraudulently boost the value of data-insight company Near Intelligence Inc. before it was acquired by a blank check firm in 2022. Federal prosecutors in New York on Thursday unsealed charges against the company’s founders for allegedly exchanging fake invoices and inflated payments
The job market slowed down considerably this summer, as employers added only 73,000 jobs in July, the U.S. Bureau of Labor Statistics reported Friday, far short of expectations. The BLS sharply revised downward the number of jobs added in May and June and the unemployment rate ticked up to 4.2%.
Confidence among accountants and financial professionals around the world ticked up slightly in the second quarter of the year, the first increase since the middle of last year, according to a survey released Tuesday by the Association of Chartered Certified Accountants and Institute of Management Accountants. However, overall sentiment remains
A public inquiry into the wrongful prosecutions of about 1,000 postal workers has uncovered more victims than previously known, according to a report.
Private sector employers cut 33,000 jobs in June, the first decline in over two years, while annual pay grew 4.4% year-over-year, payroll giant ADP reported Wednesday. The professional and business services sector, which includes accounting and tax preparation, lost 56,000 jobs in June, while the financial activities sector, which includes
Enjoy complimentary access to top ideas and insights — selected by our editors. The Governmental Accounting Standards Board is juggling a variety of projects to improve accounting for state and local governments as they come under pressure from the threat of reduced funding from the federal government. “If you’d asked
The Securities and Exchange Commission appointed Kurt Hohl, a former partner at Ernst & Young, as its new chief accountant, effective July 7. Acting chief accountant Ryan Wolfe will be returning to his role as chief accountant in the Division of Enforcement. Hohl has close to 40 years of accounting
(Left to right) EY partner Mark Kronforst, SEC acting chief accountant Ryan Wolfe and FASB chair Richard Jones at the Financial Executives International and USC Leventhal conference. The Securities and Exchange Commission is already making plans in the event that the massive tax bill now moving through Congress ends up
Even as accountants worry about a host of pressing issues, there are strong reasons to be optimistic about the future of the profession, according to Mark Koziel the president and CEO of the American Institute of CPAs. “We’ve had issues coming at us for decades, and in each and every