WebCPA Staff

Global risk and internal audit consulting concern Protiviti Inc. has released Governance Portal version 3, a governance, risk and compliance application.

JustSystems has introduced xfy XBRL Report, a desktop application that allows users to view, explore and report on multidimensional Extensible Business Reporting Language data.

A new analysis by a former high-ranking IRS official explains how the Tax Code’s corporate reorganization provisions afford tax-free treatment to certain corporate combinations and realignments.

The recently named chair of the California Society of CPAs argued that the profession needs to attract more minority CPAs as the society celebrates its centennial.

A software company has introduced a “mind-mapping” product that tries to help accountants synthesize information better and communicate it in a way that businesses can understand.

Accounting software developers Coda and Corefino have partnered on a three-part Web-based accounting service called Corefino 2go.

A new survey of small and midsized CPA firms indicates that they see signs of economic recovery coming by the end of the year.

The IRS often fails to send notices of federal tax liens to taxpayer representatives such as accountants, according to a new report.

The Internal Revenue Service has extended the deadline for filing a report on foreign bank accounts to Sept. 23 from the original June 30 deadline as it seeks to crack down on offshore tax havens.

Tennessee-based accounting firm KraftCPAs has created a new affiliate company that will specialize in health care consulting services as Congress prepares legislation to overhaul the health insurance industry.

The Obama administration is introducing a shorter and simpler Free Application for Federal Student Aid form that takes advantage of information from the IRS to streamline the application process for college financial aid.

Proposed legislation would make it easier for small businesses to qualify for the home office tax deduction.

The IRS has not been doing an adequate job of overseeing the acceptance agents who assign Individual Taxpayer Identification Numbers to foreign nationals, increasing the risk of tax fraud.

The Public Company Accounting Oversight Board has voted to delay inspections of foreign accounting firms for up to three years after hearing an outcry over the legality of the inspections from regulators and firms overseas.

The Financial Accounting Standards Board has proposed a new standard for disclosures about the credit quality of financing receivables and the allowance for credit losses.

The downslide in the economy, coupled with a constricted credit market, resulted in a 7 percent drop in profits for payroll and benefits outsourcing provider Paychex Inc., to $533.5 million versus the company's fiscal year 2008 numbers.

There are still some sources of credit available to small businesses, though they may be hard to find, according to a new report.

Manufacturing and wholesale distribution companies surveyed by accounting provider RSM McGladrey expect to rebound from the recession beginning in late 2009 and early 2010.

A study by KPMG found that goodwill impairments more than doubled during 2008 from 2007 levels at a cross-section of U.S.-based public companies.

An IRS advisory committee has recommended that the IRS require all tax preparers who file at least 200 returns a year to use electronic filing.