
Tax, accounting, auditing news - Journal of Accountancy
Stakeholders have until Nov. 23 to comment on a proposed Accounting Standards Update related to Topic 606, Revenue from Contracts with Customers. Also, FASB is set to hold an update for private companies and not-for-profits.
Posted: October 22, 2026, 7:09 pm
Just 3% of CFOs report actively reducing headcount where AI has replaced work in the finance function, although few organizations are yet in position to fully implement AI across all workflows.
Posted: October 22, 2026, 2:44 pm
A pioneering former AICPA chair and the former head of the U.S. Government Accountability Office were honored as Gold Medal award recipients at Council.
Posted: October 21, 2026, 4:50 pm
