Credit card and bank card skimmer fraud has spread around the world, stealing from consumers and banks at locations ranging from gas stations to ATMs and restaurants, according to a report from ACCA USA, the U.S. arm of the Association of Chartered Certified Accountants, and Pace University in New York.
For the last few weeks the accounting profession’s rumor mill has been buzzing with stories that Rothstein Kass is about to be acquired by KPMG. Is this all just a matter of frantic speculation, or could this rumor actually have some truth to it?
The internal control framework that was unveiled last year by the Committee of Sponsoring Organizations of the Treadway Commission, also known as COSO, will take some time to adjust to, but the Securities and Exchange Commission is encouraging companies to transition to it by the end of this year.
The tax reform proposal issued this week by House Ways and Means Committee chairman Dave Camp, R-Mich., is continuing to generate plenty of discussion.
G2 FinTech focuses on a technology niche of helping accountants automate the process of tax preparation for financial firms that need to deal with complex transactions such as wash sales and straddles on a regular basis.
Bloomberg BNA has published a new book examining the history and workings of the Public Company Accounting Oversight Board.
Financial executives should become more involved in their company’s sustainability reporting efforts, according to a new report.
PricewaterhouseCoopers has just joined the rest of the Big Four firms in officially sponsoring the work of the International Valuation Standards Council, which aims to create globally recognized and accepted valuation standards, particularly for financial instruments, and promote quality within the valuation profession.
Automobile repair and maintenance shops are recovering slowly from the recession and could benefit from more help from their accountants, according to a new report.
QuickBooks maker Intuit ran a commercial during the Super Bowl on Sunday to promote a local small business. The winner of the competition for the 30-second ad was GoldieBlox, a startup company based in Oakland, Calif., whose toys aim to inspire young girls to become engineers.