WebCPA Staff

Grant Thornton CEO Edward Nusbaum and Harvard professor Luis Viceira have joined the Financial Accounting Foundation’s board of trustees.

The International Accounting Standards Board has published a set of proposed amendments to 11 International Financial Reporting Standards as part of its annual improvements project.

CCH has debuted KnowledgeConnect, a knowledge management system for accountants that helps firms to share knowledge, brainstorm and collaborate.

tax preparer, enforcement, irs

A new Web site from the American College aims to clear up the confusion about which advanced designations are the best fit for a financial planner’s practice.

Recent losses in the stock market have jeopardized the pension savings of many U.S. workers, but the alternative approaches followed by other countries may provide possible solutions as well as problems of their own.

CCH has introduced a portal that accountants can use to exchange and share files securely with clients.

The Securities and Exchange Commission has appointed James L. Kroeker as chief accountant.

Approva, a company that develops software for continuously monitoring financial controls at businesses, has completed a $14 million financing round.

The use of carbon taxes and other forms of “green” taxation to improve the environment and raise government revenue requires careful planning, recommends a position paper from the Association of Chartered Certified Accountants.

Nearly a third of corporate executives expect fraud or misconduct to rise in their organizations this year, according to a survey by KPMG.

The trustees who oversee Social Security project that retirees will not receive cost of living adjustments for the next two years.

A house cleaner in the Denver area received a hefty refund from the IRS by mistake.

Frank Ng, the former commissioner of the IRS’s Large and Midsized Business Division, has joined Ernst & Young’s tax controversy and risk management services practice.

Deacom has introduced version 11.0 of its enterprise resource planning software with enhanced internal and external reporting features.

Compiere Inc. has created a Compiere ERP Connector for Salesforce CRM that links together the company’s Web-based enterprise resource planning software with Salesforce’s customer relationship management software.

British accounting software developer Coda has signed a deal with Chicago-based Mavens Consulting to expand the company’s market reach in the U.S.

Seven New Englanders have been indicted in Boston for conspiracy to defraud the U.S. government after they were accused of promoting multiple tax fraud schemes.

A former UBS banker who cooperated with the U.S. investigation of the Swiss bank was sentenced to over three years in jail for helping a billionaire real estate developer evade $7.2 million in taxes.

A former CFO who embezzled money from the magazine publishing company he helped run has been sentenced to two years in prison and three years of supervised release.