Audit & Accounting

The fiscal cliff, once a seeming imaginary event far off on the horizon, is looming large as we approach the beginning of 2013 with a divided government. The cliff, a combination of tax increases and government spending cuts, threatens to send the country deeper into another recession, according to economists from the Congressional Budget Office.

Trying to sum up a complicated 2012 in accounting

Would you prefer to be running a business in 2012 or 1906?

Highlights of firm mergers & acquisitions from the previous month

Accounting firms shouldn't think that there isn't a cost to a merger that doesn't happen

The unemployment rate for senior accountants and auditors is a relatively low 4.1 percent.

A roundup of major developments in accounting in the previous month.

Many tax practitioners focus on improving their efficiency during tax season, but there are plenty of things they can do in advance to ensure success from January to April, according to 2020 Group chairman and CEO Chris Frederiksen.

FASB chair Leslie Seidman lays out a schedule for handling the remaining projects on the convergence agenda

Financial Accounting Standards Board chair Leslie Seidman is planning for a multilateral way of working with the International Accounting Standards Board in the future, even as her term approaches an end next year.