WebCPA Staff

Veteran sales and marketing executive Alan Deichler has been appointed as president of CPAmerica International, a large association of CPA firms.

Nearly three-quarters of finance professionals believe their company could be more efficient in the implementation of Section 404(b) of the Sarbanes-Oxley Act dealing with the outside audit of internal controls, according to a new survey.

The Internal Revenue Service has issued proposed regulations under a new law that will require reporting of basis and other information by stock brokers and mutual fund companies for most stock purchased in 2011 and all stock purchased in 2012 and later years.

A federal district court judge has dismissed criminal fraud charges against the former CFO of chip maker Broadcom, as well as a co-founder of the company who was also charged with illegally backdating stock options.

Doc.It has released the latest version of its document management software with new features for next tax season.

The Treasury and Education Departments are teaming up to promote financial literacy in schools.

Revenue recognition fraud seems to be on the wane, according to a report by the Deloitte Forensic Center.

Leaders of the Senate Committee on Small Business and Entrepreneurship have introduced legislation to provide more capital for small businesses by expanding SBA lending limits.

Actor Nicolas Cage’s ex-girlfriend has filed suit against him and his former accountant accusing them of fraud and breach of contract.

CCH has issued a Special Tax Briefing on the Tax Extenders Act of 2009 that was approved this month by the House.

The House has approved a comprehensive financial reform bill, albeit with a number of key provisions weakened in recent days.

Forensic accounting firm Hagen, Streiff, Newton & Oshiro, has added Guidance Software’s EnCase Portable and Field Intelligence Model software to its practice.

The past year saw a number of unusual sales and use tax laws enacted in a number of states.

Los Angeles attorney Matthew G. Krane has pleaded guilty to passport fraud and tax evasion after failing to report more than $35 million in income hidden overseas.

Japan’s Financial Services Authority has decided to permit voluntary domestic use of International Financial Reporting Standards, putting added pressure on the U.S. to follow suit.

The employment outlook in accounting and finance is expected to stabilize in the first quarter, according to a new survey of CFOs, although the hiring environment remains challenging for now.

The American Institute of CPAs joined with over a dozen other accounting organizations around the world to call for a single standard for climate change reporting.

The House approved the Tax Extenders Act of 2009, with extensions of a number of tax breaks that are scheduled to expire at the end of the year, including the R&D credit.

Former SEC commissioner Harvey Goldschmid has been appointed to succeed one of the retiring trustees of the International Accounting Standards Committee Foundation, the organization that oversees the International Accounting Standards Board.

The CFA Institute expressed its support for Financial Accounting Standards Board Chairman Robert Herz’s statements on the need to “decouple” accounting standard-setting from bank regulation.