Hertz names as interim CFO Alexandra Brooks, currently chief accounting officer, following the departure of CFO Kenny Cheung from the company.

The collapse of Silicon Valley Bank has united deeply divided lawmakers toward a singular goal: raising money off the news.

The collapse of Silicon Valley Bank is reigniting one of the most contentious debates in accounting history over banks that stash outsized portions of assets in a financial statement category that critics say hides risk for big losses.

This week, our experts covered topics ranging from HR technology for tax and accounting firms to social media and the IRS. For a look at the latest commentary and analysis, check out our weekly roundup.

China will strengthen regulations on the certified public accountant sector, Deputy Finance Minister Zhu Zhongming told visiting Deloitte Global Chair Sharon Thorne after the company was hit by a record fine.

The US Chamber of Commerce wants guidance from Treasury about which businesses are considered “applicable corporations” who will fall within the scope of the 15% corporate alternative minimum tax that’s part of the Inflation Reduction Act.

Michael Izza, the longtime CEO of the Institute of Chartered Accountants in England and Wales, said Friday that he was retiring, which could leave both of the UK’s main accounting watchdogs without a boss at the same time.