Resources
Accounting Today
- by Bloomberg NewsThe sanctions were tied to audits of the engineering service provider and government contractor's financial statements for the 2019 and 2020 fiscal years.
- by Chris GaetanoFirm360 announced new tax prep automation capacities via an integration with Juno.
- by Paige HagyThe Top 100 Firm is getting a majority investment from Lightyear Capital, while its previous investor, Unity Partners, will maintain a minority position in the firm.
- by Michael CohnThe International Ethics Standards Board for Accountants released a staff publication on the ethical implications of emerging technologies such as AI.
- by Paige HagyMissouri Gov. Mike Kehoe, signed Senate Bill 1233 into law, creating an additional pathway to CPA licensure, effective Aug. 28, 2026.
- by Paige HagyShultz Huber & Associates acquired Stroh, Johnson & Company, effective as of July 1, expanding its presence in Ohio.
- by Michael CohnTechnology disruption and AI-related competitive pressures rank among the top risks facing companies, according to a new survey of audit firm partners by the Center for Audit Quality.
- by Adam BarberaThe reason most AP AI fails an audit isn't necessarily due to architecture but because you cannot audit a process that the organization hasn't actually defined.
- by Bloomberg NewsHong Kong's accounting regulator signaled a tougher supervisory stance on audit firms with weak track records, while encouraging underutilized firms to take on a greater role in supporting the city's capital markets.
- by Dave ManeyAccounting firms must optimize for AI‑visible authority, not clicks or vanity thought leadership.
Wall Street Journal
- Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.
- The Canadian government said it would provide extraordinary financing to Canada Post to avoid insolvency at the state-owned mail service.
- Amazon.com said it is open to talks with officials from the Canadian and Quebec governments about the decision to shut down operations in the country’s French-speaking province, which would lead to 1,700 people losing their jobs.
- Once a stalwart supporter of Black and LGBTQ rights, the retailer joined corporate America’s retreat from DEI initiatives.
- Find insight on Cnooc, YTL Power International, Ampol, and more in the latest Market Talks covering energy and utilities.
- Read about CSX, Magna International, Alaska Air and more in the latest Market Talks covering the auto and transport sector.
- Find insight on CSX, Givaudan, Rio Tinto and more in the latest Market Talks covering basic materials.
- Find insight on Banca Monte dei Paschi di Siena’s bid for Mediobanca, Travelers and more in the latest Market Talks covering financial services.
- Novo Nordisk shares rose sharply after the Danish pharmaceutical giant said an experimental weight-loss shot helped patients lose 22% of their body weight in a clinical trial.
- The European Commission said that the parties’ offer to sell five of International Paper’s plants in Europe fully addresses its competition concerns over the deal.