
Tax, accounting, auditing news - Journal of Accountancy
QC 1000, A Firm’s System of Quality Control, will be effective Dec. 15 and could serve as the basis for the PCAOB’s future approach to inspections of public company compliance.
Posted: September 9, 2026, 7:44 pm
While nearly 7 in 10 business leaders report increased risk, 3 in 10 rate their organization’s overall risk oversight as mature or robust. The latest version of an annual report also showed that few companies consider their risk management process to be a strategic advantage.
Posted: September 9, 2026, 5:59 pm
The AICPA is seeking clarification from the IRS on guidelines suggesting that tax practitioners should pass AI-related cost savings on to clients. Concerns about language in the guidelines include the implication of not allowing for a value-pricing model and overlooking the costs of implementing and governing the technology.
Posted: September 8, 2026, 8:38 pm
