WebCPA Staff

A fourth former partner at BDO Seidman has pleaded guilty in a tax shelter case.

The International Federation of Accountants and the International Ethics Standards Board for Accountants have issued a revised Code of Ethics for Professional Accountants that strengthens the independence requirements of auditors.

The Financial Accounting Standards Board has added a new project to its agenda aimed at making financial disclosures more organized and less redundant.

Gregory L. Bailes has joined Weaver and Tidwell’s Austin office as audit partner, and the firm has named W. David Rook as assurance service leader in its Houston office.

Many taxpayers spend time during the summer months polishing their résumé and attending career fairs.

Forty-five percent of small-business owners in a new survey said their businesses are not profitable, while 60 percent blamed the economy as the main reason they are not profitable or as profitable as they could be.

Entrepreneurs urged lawmakers to extend the research and development tax credit at a House subcommittee hearing Thursday.

The International Accounting Standards Board has published a stripped-down set of International Financial Reporting Standards aimed at small and midsized privately held businesses.

The Internal Revenue Service has shelved hundreds of balance-due accounts for taxpayers who owe more than $1 million.

J. Douglas Roth of Do It Best Corp. in Fort Wayne is the new chair of the board for the Indiana CPA Society, while Joseph A. Scheidler of Crowe Horwath in Indianapolis has moved into the role of chair-elect. In addition, John P. Kane will return to the board’s executive committee for another year of service.

The Ohio Society of CPAs installed J. Matthew Yuskewich as chairman of the executive board at the society’s June 30 Members Summit & Annual Meeting.

The Texas Society of CPAs has elected Kym Anderson as its new chairman, and picked a slate of other officials and board members.

The PKF North American Network has started a Center for Exit Planning Excellence to help accounting firms advise aging business owners on options for what to do when they are ready to retire or move on.

One million sections of the computerized Uniform CPA Examination have now been administered, according to the organizations in charge of the exam.

The Swiss government said it is ready to confiscate UBS client information to prevent the bank from violating secrecy laws by handing documents over to the U.S. government.

Salaries of financial advisors are rebounding after a soft 2008, according to a new survey.

The California Society of CPAs and the California CPA Education Foundation have named Clar Rosso as their chief operating officer.

As many as 9.5 million retired Americans are considering at least a partial return to the workforce, according to a new study by Charles Schwab.

Under pressure from Congress, the Internal Revenue Service has agreed to temporarily suspend until Sept. 30 its efforts to collect penalties for some listed tax shelter transactions.

Accounting Today is issuing a call for nominations for its annual Top 100 Most Influential People in Accounting list.