The Rhode Island Society of CPAs is trying to re-imagine the traditional financial statement.
The American Institute of CPAs sent a comment letter Friday to the Internal Revenue Service about two interpretive issues.
The Financial Accounting Standards Board and the International Accounting Standards Board have been holding a series of meetings of their Joint Transition Resource Group as they prepare for implementation of their converged standard on revenue recognition.
The Internal Revenue Service is facing not only a budget crunch this tax season, but also rampant identity theft.
Accountants need to make sure they are keeping their clients' files safe, especially during tax season when the threat of identity theft only seems to be getting more prevalent every year.
Financial Executives International has sent a letter to the Financial Accounting Standards Board taking issue with FASB’s recent proposed changes in the accounting standards for income taxes.
As Congress begins to digest President Obama’s proposals for changes in how to tax the foreign earnings of U.S. multinational companies, a brief refresher on business structure might be useful.
The Institute of Internal Auditors is sending out a survey in 23 languages to internal auditors around the world in an effort to gauge the opinions of audit professionals across the globe.
A new study finds that U.S.-based multinational corporations move an average of $12 billion in taxable income back into the country each year without paying taxes, thanks to complex mergers and acquisitions.
The small business mentoring organization SCORE has compiled some new statistics demonstrating how much time and money small businesses spend each year on accounting, taxes and payroll administration.