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Published July 16, 2026, 5:18 p.m. EDT | Updated July 16, 2026, 11:17 p.m. EDT 18 Min Read Financial Accounting Standards Board chair Richard Jones has plenty on his plate in the final year of his tenure, as FASB prepares a number of new standard-setting projects and faces the likelihood of a new se…

7 On Your Side Trump Accounts creates retirement funds for babies: Here's how it works ByAshlie West Thursday, July 16, 2026 10:03PM The One, Big, Beautiful Bill created a new investment account for kids, and it's now available. But, these new financial plans have restrictions, meaning the…

Australia Cracks Down on Big Four Accounting Firms to Restore Trust Australia plans to tighten regulations on the Big Four accounting firms following governance scandals, including KPMG's misuse of confidential data. The government has tasked ASIC to enhance auditing oversight, consider breakin…

A firm called it 'work experience' – the court called it employment A small accounting firm's missing records left it unable to challenge a former worker's unpaid-hours claim – and made the owner personally liable alongside the company.  On July 13, 2026, the Industrial Court o…

Saqib Baig, the Chief Accounting Officer of $PTON, sold 5,000 shares of the company on 07-14-2026 for an estimated $30,588. We received data on the trade from a recent SEC filing. This was a sale of approximately 2.1% of their shares of this class of stock. Following this trade, they now own 229,046…

In a significant ruling for India's audit profession, the National Company Law Appellate Tribunal (NCLAT) has upheld the National Financial Reporting Authority's (NFRA) disciplinary action against a chartered accountant and his audit firm, observing that "the statutory audit is not a …

Agentic AI startups are gaining traction fast in Europe.  Startups in the sector raised a staggering €6bn last year, according to Sifted data, and are already on track to surpass that in 2026, having brought in €4.6bn year to date. One sector using AI to automate tasks which is really taking of…

SaaSDigital TransformationFintech Fri, 17th Jul 2026 (Today) KAREN JOY BACUDOFinance EditorFresha has launched native accounting integrations with Xero and QuickBooks for partners worldwide to eliminate manual bookkeeping. The new links send financial data directly from Fresha into the two accountin…

Key Highlights XRO closed +0.93% at $69.72 as of close on 17 July 2026 (high: $71.55, low: $69.37, volume: 620,285). Market capitalisation: approximately $11.9B. One-year performance: -61.08%. Sector context: The S&P/ASX 200 Information Technology index (XIJ) fell 1.60% to 1,747.50 and the S&amp…