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Congress passes bill backed by AICPA offering tax filing relief after natural disasters | Accounting Today
The Senate passed a bipartisan bill that would provide tax-filing relief for taxpayers in states that have issued state-level disaster declarations, sending the bill to President Trump for his signature.
UK watchdog investigates Deloitte audit of collapsed fintech Stenn | Accounting Today
The U.K.'s accounting watchdog is investigating Deloitte LLP's work on units of Stenn Technologies, the trade-finance firm backed by some of the world's biggest banks that unraveled last year amid allegations of fictitious transactions.
The International Auditing and Assurance Standards Board has revised its standard on the auditor's responsibilities relating to fraud standatd | Accounting Today
The International Auditing and Assurance Standards Board has revised its standard on the auditor's responsibilities relating to fraud only days after the American Institute of CPAs' Auditing Standards Board proposed a more limited update to its own standard.
S&P sees Trump tax law hurting state and hospital balance sheets | Accounting Today
President Donald Trump's new budget bill is expected to push almost 12 million Americans off their health insurance, creating long-term financial issues for states and health-care providers, according to a S&P Global report.