WASHINGTON — On August 18, the Internal Revenue Service (IRS) announced expansive tax relief for Hawaii wildfire victims in Maui and Hawaii counties. These taxpayers now have until Feb. 15, 2024, to file various…
Transforming Accounting and Finance with Generative AI
In recent years, the integration of artificial intelligence (AI) has revolutionized various industries, and the fields of accounting and finance are no exception. One of the most intriguing advancements in AI technology…
PCAOB issues “Annual Report on the Interim Inspection Program Related to Audits of Brokers and Dealers”
The PCAOB’s “Annual Report on the Interim Inspection Program Related to Audits of Brokers and Dealers” (Annual Report) provides: Generally, the inspection results of firms that audited 100 or fewer broker-dealers continued…
Navigating the Financial Landscape: Accounting for Crypto Assets
In the ever-evolving world of finance, the rise of cryptocurrencies has introduced a new paradigm that demands careful consideration within the realm of accounting. Crypto assets, such as Bitcoin, Ethereum, and a…
How to find unclaimed money from the government
Find Unclaimed Money from the Government If a government office, business, or other source owes you money you have not collected, it’s considered unclaimed. By law, banks, private companies, trust funds, and…
Introducing Financialnewsweek’s redesigned website
Welcome to the new Financialnewsweek.com website. We continue to report on the latest accounting, auditing, and financial reporting news gathered from all major Standard-Setters in the USA and abroad, including corporate governance…