AT Think

Irving Picard, the trustee overseeing the liquidation of Bernard Madoff’s old investment firm, scored his biggest coup yet with the announcement that the widow of Jeffry Picower has agreed to forfeit $7.2 billion in profits from the Madoff Ponzi scheme to its victims.

I have spent the last decade working within small and midsized accounting firms.

In case you haven’t gotten the memo yet, here it is one more time: Poor posture will cost you productivity.

Ohio firm garners nearly 118,000 lbs, of food for pantries.

Congress’s passage this week of an extension of the current income tax rates could be a blessing for many payroll departments, outside payroll processors, and accountants, but the new payroll tax cut is bound to cause a period of readjustment.

If there’s one thing I’ve learned from my time on staff at Accounting Today it’s that the accounting profession is not boring. It’s not a new revelation for me, but it’s sort of become my mantra, guiding me through four years here.

Swiss bank UBS may have managed to extricate itself from its troubles with the IRS by sharing the identities behind 4,000 or so of its client accounts with the authorities and paying a $780 million settlement to the Justice Department, but now it’s worried that some of its employees may have garlic breath and be showing a little too much of their hairy calves when they cross their legs.

IMGCAP(1)] I was casually chatting with our office neighbor, Roger, last week.

Accounting firms should take steps to safeguard themselves from employees who might decide to bring the firm’s clients and secrets with them on a tiny thumb drive when they join a rival firm, recommended one legal expert.

Faculty at colleges and universities nationwide say U.S. educators should spend more time teaching global accounting standards, if they don't want their students to be at a disadvantage in the global marketplace, according to a new survey by the American Accounting Association and KPMG LLP.