Year: 2024

President-elect Trump Nominates Former Congressman Billy Long as IRS Commissioner

2 min read

• Tax

President-elect Trump Nominates Former Congressman Billy Long as IRS Commissioner

The Accounting Times December 4, 2024

WASHINGTON, D.C., December 4, 2024 – President -elect Donald Trump announced his intention to appoint former ​Member...

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AI Revolutionizes Financial Reporting: Insights from KPMG’s Global Survey

4 min read

• Technology

AI Revolutionizes Financial Reporting: Insights from KPMG’s Global Survey

The Accounting Times December 4, 2024

NEW YORK, 4 December 2024 – Artificial ​Intelligence (AI) is starting an era ​of transformation in the...

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U.S. Companies Must Align Sustainability Reports with EU Disclosure Standards, Says KPMG

3 min read

• Sustainability

U.S. Companies Must Align Sustainability Reports with EU Disclosure Standards, Says KPMG

The Accounting Times December 4, 2024

NEW YORK, ​4 December 2024 – ​The European Union Directive on Corporate Sustainability (CSRD) is ready to...

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Fed Chair Powell Signals Cautious Approach to Rate Cuts Amid Strong Economic Performance

2 min read

• Regulatory

Fed Chair Powell Signals Cautious Approach to Rate Cuts Amid Strong Economic Performance

The Accounting Times December 4, 2024

WASHINGTON, D.C., 4 December 2024 – Federal Reserve President Jerome Powell, speaking at the New York Times...

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Trump Nominates Crypto Advocate Paul Atkins as SEC Chair, Signaling Regulatory Shift

3 min read

• Regulatory

Trump Nominates Crypto Advocate Paul Atkins as SEC Chair, Signaling Regulatory Shift

The Accounting Times December 4, 2024

WASHINGTON, D.C., December 4, 2024 – President -elect Donald Trump appointed Paul Atkins, former commissioner of the...

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Federal Reserve Beige Book: Modest Economic Growth Amid Optimism

3 min read

• Regulatory

Federal Reserve Beige Book: Modest Economic Growth Amid Optimism

The Accounting Times December 4, 2024

WASHINGTON, December 4, 2024 – The Beige Book of the Federal Reserve of ​November 2024 reveals a...

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FASB Proposes Simplified Credit Loss Measurement for Private Companies and Nonprofits

2 min read

• Accounting Standards

FASB Proposes Simplified Credit Loss Measurement for Private Companies and Nonprofits

The Accounting Times December 4, 2024

NORWALK, Conn., December ​4, 2024 – The Financial Accounting Standards Board (FASB) has published a project to...

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PCAF Initiates Public Consultation on Enhanced GHG Accounting Methodologies

2 min read

• Sustainability

PCAF Initiates Public Consultation on Enhanced GHG Accounting Methodologies

The Accounting Times December 4, 2024

UTRECHT, Netherlands, December 4, ​2024 – The Carbon Accounting Association (PCAF) announced the start ​of a ​public...

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Grayscale Files for Spot Solana ETF Amid Surging Institutional Interest

2 min read

• Wall Street

Grayscale Files for Spot Solana ETF Amid Surging Institutional Interest

The Accounting Times December 4, 2024

NEW ​YORK, December 4, 2024 – Grayscale Investments, a leading digital asset manager, ​presented to the United...

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FBI Warns of AI-Driven Fraud in Alarming New Trend

3 min read

• Technology

FBI Warns of AI-Driven Fraud in Alarming New Trend

The Accounting Times December 3, 2024

WASHINGTON, D.C., December 3, 2024 ​- The Federal Bureau of Investigation (FBI) issued ​a strong warning ​regarding...

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