Acronyms Help Accountants Work Faster. But Are There Too Many?
Accounting has a language problem. APIC. COGS. SCF. PP&E. Inside the profession, those terms are standard shorthand—efficient, precise and familiar …
FDIC Proposes Comprehensive Reporting, Audit Rules for Stablecoin Issuers Under GENIUS Act
The Federal Deposit Insurance Corp.’s (FDIC) April 7, 2026, proposed rulemaking tied to the Guiding and Establishing National Innovation for …
Cities and States May Have to Spell Out Risks Tied to Aging Roads, Bridges and Water Systems
A new accounting proposal would require the nation’s cities and states to provide a clearer picture of the age of …
Companies Are Selling Their Tariff Refund Rights. Accountants Say Not So Fast
Some companies hoping to claw back money from disputed tariffs aren’t waiting around for Washington. Instead, they’re selling their rights …
As Tariff Debate Shifts, Companies Face a Tougher Question: When Is a Refund Real?
Tariffs are often discussed as a fight over trade and prices. But for companies, the harder question may come later: …
SEC Names New PCAOB Chairman and Board Members, Marking Leadership Shift
The Securities and Exchange Commission (SEC) announced late Friday afternoon, on January 30, 2026, that it has appointed retired Ernst & …
Accounting Professor Eli Bartov Under Consideration for PCAOB After High-Profile Trump Fraud Trial—Sources
NYU accounting professor Eli Bartov—who testified as a key defense expert witness for then-President Donald Trump in a civil fraud …
Accounting Degrees Downgraded by US Education Dept, Sparking Outrage
A seismic policy shift by the U.S. Department of Education, reclassifying accounting degrees as ‘non-professional’ and drastically cutting federal loan …
Preliminary Inspection Results Show Improvement for Large Audit Firms This Year, PCAOB Acting Chair Says
In a bit of good news, the quality of public company audits by the largest accounting firms continues to improve, …
SEC IG Urges Better Guidance, Documentation for Selecting Company Filings for Review
The Securities and Exchange Commission’s (SEC) Inspector General (IG) said the Division of Corporation Finance (CorpFin) should improve its documentation …